You know the economy is bad when...

[Spaniard]

I'm pretty sure they're saying that the rise in unemployment is going to inspire people to continue to job hunt.

Hehe my post was an attempt at sarcasm. It still makes no sense to me.

More unemployment means more people in competition for jobs; which gives employers more leverage when considering candidates and salary levels. Not to mention that rises in unemployment mean that business are shedding jobs still and not looking to create.

Its also a horrible situation for new college graduates who have to not only compete for entry level positions but now compete against unemployed people who have more experience in their given fields.