At the end of the 2011 Fiscal Year Spain's Unemployment was at a all time high of 22.85% or about at 5.3 million people. Spain's recent issues with increasing debt and unemployment remain a significant issue to the overall well-being of the Euro-zone. As other countries like Spain (Greece and Italy) threaten to default their debt; countries of more, seemingly, fiscal responsibility such as Germany are left to clean up the mess with massive bailouts in order to prevent the destruction of the Euro and the European economy.
