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AFI, a financial consultancy based in Madrid, expects Spain’s jobless rate to climb next year to 26.6 per cent as austerity measures kill government jobs and the construction and housing industries remain depressed.

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A pedestrian walks along a street in El Raval, a neighbourhood of Barcelona, on Nov. 21, 2012. Local merchants say the unemployment rate in El Raval ranges from 50 per cent to 70 per cent.Albert Gea/The Globe and Mail

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People wait to receive food outside a food bank in Berriozar, northern Spain, Nov, 22, 2012. Since 2007, 3.2 million jobs have disappeared in Spain.Alvaro Barrientos/The Associated Press

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An elderly volunteer prepares food at a food bank in Berriozar, northern Spain, Nov. 22.Alvaro Barrientos/The Associated Press

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A volunteer hands out tickets to people waiting for their share of food in Berriozar.Alvaro Barrientos/The Associated Press

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An elderly couple return to the street after receiving supplies from the food bank.Alvaro Barrientos/The Associated Press

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People attend a gathering in downtown Madrid, demanding dignity and opportunities to overcome poverty, on Nov. 22, 2012. The country is suffering through deep recession and soaring unemployment.Andrea Comas/Reuters

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Members of the pensioner association Yayoflautas attend a protest organized by the charity Caritas, Madrid’s local government and other non-profit groups, on Nov. 22.Andrea Comas/Reuters

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A woman rummages through a garbage container in the Raval neighbourhood of Barcelona Nov. 21.Albert Gea/The Globe and Mail

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People wearing white masks attend a protest on Nov. 22 outside the Royal Theatre in Barcelona to draw attention to the homeless.Andrea Comas/Reuters

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A pensioner protests outside the Pharmacies Association against Madrid’s €1 surcharge for medical prescriptions to be introduced next year.ANDREA COMAS/Reuters

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Members of the pensioner association Yayoflautas shout slogans inside a subway train after attending a protest on Nov. 22.Andrea Comas/Reuters

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A homeless man rests on the street in Barcelona’s Raval neighbourhood Nov. 21.Albert Gea/The Globe and Mail

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