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Unemployment Figures Hit New Record High In Spain

MADRID, SPAIN – DECEMBER 04: People queue to enter a government employment office as it opens on December 4, 2012 in Madrid, Spain. Spain’s registered unemployment figures rose by 74,296 hitting a new record of 4.91million according to Madrid’s Labor Ministry. The current unenployment rate in Spain stands at 26 % while nationalised lender Bankia group plans to cut 6,000 jobs as a condition for the European bank bailout for Spain. (Photo by Pablo Blazquez Dominguez/Getty Images)