Unemployment has been a big problem in the U.S. economy, as the economic recovery hasn't produced nearly the job growth that Americans would prefer to see. Yet elsewhere across the globe, you'll find far worse employment situations that have had a huge and continuing impact on local economic conditions.
In the following video, Fool contributor Dan Caplinger looks at one country that could see unemployment rise to as much as 30% over the next couple of years. Dan looks at the structural problems plaguing the country, as well as some investment options to consider if you believe that the nation's efforts to put more of its people back to work will succeed in the long run.
The article The Country Whose Unemployment Could Hit 30% originally appeared on Fool.com.
Fool contributor Dan Caplinger owns shares of iShares MSCI Spain ETF. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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