In March 2012, Spain and Greece passed an unenviable landmark of 50% youth unemployment. That means there were more Spanish and Greek workers under 25 without a job than with one.
Six months later, it's only gotten worse.
A new report from Eurostat shows that youth unemployment has increased across the European Union since last summer, and in Greece it grew by a continent-record 10 percentage points. Youth unemployment in Spain and Greece is now 55% and 53%, incredibly. Some low-lights from the report are in the graph above, which compares August 2011 to August 2012 (or to June, where August figures were unavailable) in Greece, Spain, Italy, the UK, the EU average, and the United States.
Here's what the graph doesn't tell us: That a majority of Greek and Spanish young people don't have a job. Unemployment is a ratio: Unemployed people / the workforce. If you're in school or not actively looking for a job, you're not counted in the unemployment rate. As a result, the same number of unemployed young people will yield a higher rate with a smaller workforce. A different ratio calculated by the BBC with Eurostat figures -- unemployed youths as a percentage of the whole youth population -- yields a 19% figure for Spain and a 13% figure for Greece.