Spanish unemployment hits record 5.64 million

Dammy said:
What happen to all those green jobs that were going to save them?
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The Euro. When you use someone else's money to run your economy then they get to tell you how to run your country.
 
FluffyMcDeath said:
The Euro. When you use someone else's money to run your economy then they get to tell you how to run your country.
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True, the major funding for it cost Spain 2.2 jobs for each "green job" it created and even at that, most of the "green jobs" were during the construction phase.

March 27 (Bloomberg) -- Subsidizing renewable energy in the U.S. may destroy two jobs for every one created if Spain’s experience with windmills and solar farms is any guide.

For every new position that depends on energy price supports, at least 2.2 jobs in other industries will disappear, according to a study from King Juan Carlos University in Madrid.
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http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a2PHwqAs7BS0
 
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