It was the biggest drop ever for a month of December, and the second biggest drop for any month in the history of the data.

Even Microsoft co-founder Bill Gates showed some faith in the country's future by buying a stake this week in a Spanish construction compan...

The IMF released a report last month warning Spain it faces five more years with an unemployment rate topping 25 percent unless Madrid enac...

Ortega's wealth is soaring even as his country battles an economic meltdown. Spain's unemployment is hovering around 25% as the country suf...

Failure to think long-term now would sow in India the seeds of the kind of crisis that Greece and the rest of the world today grapple with.

Spain's GDP is forecast to fall 1.8% this year and 0.3% in 2013, with the strongest economic contraction in the second half of 2012.

Politicians are driven by their own incentives which are very much dependent on the length of their respective election cycles, says Stephe...

More than 44 million people were without a job in March in the OECD region -- a grouping of countries which account for over 60 per cent of...

An unexpected increase in the US unemployment rate in November sent stocks into reverse Friday.

Almost 16 million people were out of work in the common currency area as the unemployment rate in the crisis-hit eurozone.

For the first time ever unemployment in the European Union has reached 10 per cent of the active population, a report says.

Unemployment in the 16 countries that use the euro reached 10 percent in November for the first time since the currency was adopted in 1999.

The jobless rate in the 16 nations that use the euro climbed to a new 10-year high of 9.5 per cent in July despite other signs that the eco...

The European Union is facing a recession until at least 2011, with the bloc's economy set to contract by 0.1 per cent in 2010 following a w...

Spain's economy will contract 1.6 per cent this year and unemployment will jump to nearly 16 per cent, the government predicted in a desper...

The number of registered unemployed in Spain rose to nearly three million people last month as unemployment continued to grow at a faster p...

Spain's gross domestic product (GDP) shrank 0.2 percent in the third quarter compared to the previous three months for the first time in 15...