Spanish Unemployment Surges to Record 25%

Spanish unemployment climbed to a record in the third quarter as a deepening recession left one in four workers jobless, adding pressure on Prime Minister Mariano Rajoy to seek a second European bailout.

IMF's Obstfeld on World Economic Outlook
53:32 - Maurice Obstfeld, chief economist at International Monetary Fund, discusses the IMF's World Economic Outlook, with a focus on China, the post-Brexit U.K. economy, and the potential economic impact of U.S. President-elect Donald Trump's policies. He speaks with Bloomberg's Mark Barton on "Bloomberg Markets." (Source: Bloomberg)
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