Europe Eager For Jobs Data

LONDON -- Trading volumes in Europe jumped on Friday as investors awaited a key non-farm payrolls number from the United States.

The most optimistic forecasters expect that the U.S. economy added jobs in December after two years of losses. Nonfarm payrolls shed just 11,000 jobs in November. (See "All Eyes On U.S. Jobs Figure.")

Over the last two years the United States has shed 7.2 million jobs, the biggest as a percentage of all jobs since World War II was ending in 1944-45, according to TradeTheNews.com. President Obama was due to comment on the U.S. economy at 2.40 p.m. Eastern Standard Time.

Europe also had its own jobless numbers to grapple with on Friday. New data from the European Union showed that the Euro Zone unemployment rate had risen to 10% in November, the highest rate since the single European currency was introduced in 1999.

Among the member countries that use the euro, Spain had the highest unemployment rate at a whopping 19.4%, while the Netherlands had the lowest at 3.9%. (See "Europe's Best And Worst Countries To Find A Job.")

Latvia has the highest unemployment rate in all of Europe, at 19.7%, followed by Spain. Both countries suffered from massive housing and construction bubbles and a subsequent dearth of jobs for temporary workers.

Source:forbes.com/

Many a Madrid in the United States

If you think you will have to travel to Europe to see Madrid, you will be surprised to know that there are many towns named Madrid in the United States. The original Madrid in Spain, no doubt, is very famous, thanks to the classics of Ernest Hemmingway, and also because it is a popular tourist resort.

Madrid, Maine is located in the heart of Franklin County and actually named for the Spanish capital. The tiny town has a population well under 200 residents and sits on the lovely banks of the Sandy River near Salem. Madrid, Maine dates back to 1887 and was settled by Free Baptists, who opened seven schoolhouses for the town’s children.

The state of Alabama has its own Madrid. This one is little bigger than Madrid, Maine. This town has a population of more than 300 and is located in Houston County which is a part of metropolitan Dothan. Just like Madrid Maine, this town is also named after the famous Spanish city of Madrid.

The third Madrid is in the state of New York next to the Grasse River. It was in 1801 that the first settlers came to this small area of land near Potsdam and Lisbon and called it Madrid. Later it was named New Madrid but finally the council decided to call it only Madrid. It is in St. Lawrence County. There was a large and successful grist mill in Madrid, New York for many years until it was eventually closed. This town also resembles its namesake in Spain.

The “Show Me” state also has a town named after the Spanish capital. New Madrid was founded in 1783 by two French settlers who came to the state, originally naming the town L’Anse a la Graisse. Today, New Madrid boasts a population of approximately 3,000 residents and is about 4.5 square miles in size. Approximately 45 miles south of Cape Girardeau and 145 miles south of St. Louis, New Madrid was completely destroyed by earthquakes in 1811 and rests directly on the New Madrid fault.

Another Madrid is in the Midwestern United States. It is just 25 miles northwest of Iowa's capital city. It was founded in 1846 by Swedish settlers, often referred to as a bedroom community of Des Moines. It happens to be the oldest Swedish settlement in the west of the Mississippi River. This small hamlet has become quite prosperous since the railway traveled through it. The town was renamed in 1882 and incorporated in 1886.

You can learn more about these towns from their town websites. They may be small, but they all are up-to-date with the latest technology and have firmly planted their place on the World Wide Web.

If you are interested in visiting the Spanish capital, but don’t have the time or money, check out the next best thing—Madrid, USA! There are many other American towns named after European capitals, so get our your atlas and complete a search.

Article Source: http://www.travelarticlelibrary.com

Spain Traveling to and within the European country

Mainland Spain is situated on the Iberian peninsula in the southwest of Europe. It also encompasses two groups of islands. The Islas Baleares (Balearic Islands), in the Mediterranean, Mallorca the largest island is just over one hundred miles off the eastern coast and the Islas Canarias (Canary Islands) which are situated approximately five hundred miles to the southwest and lie off the Atlantic coast of Morocco. Mellila and Cueta are two Spanish enclaves in Morocco on the African continent.

Whilst Spain is one of the world's leading destinations for the package holiday there is more to this country than the beaches of the costas and islands. The independent traveler will want to move around see what more Spain has to offer.

Getting there - There are thirty one airports on the mainland serving the following cities and towns: A Coruna, Albacete, Alicante, Almería, Asturias, Badajoz, Barcelona, Bilbao, Burgos, Cordoba, Girona, Granada, Jerez de la Frontera, Leon, Madrid, Malaga, Murcia, Pamplona, Reus, Sabadell, Salamanca, San Sebastian, Santander, Santiago, Sevilla, Valencia, Valladolid, Vigo and Zaragoza. In the Canaries the islands of El Hierro, Fuerteventura, Gran Canaria, La Gomera, Lanzarote and Tenerife and in the Balearics Ibiza, Menorca and Mallorca all have airports. Gibraltar, the British colony at the southern most tip of Spain, also has it's own airport. British Airways and the Monarch fly daily to Gibraltar from several departure points in the United Kingdom and Monarch has some very good deals on seats. Major carriers provide scheduled flights to Spain but it is also a principal destination for budget airlines with return flights available for less than 100 Euros from other European cities. It is also possible to pick up bargain seats on the many charter flights serving the tourist industry. Air travel within Spain, with the exception of a couple of budget airlines, is expensive.

Major roads provide access from Portugal to the west and France which borders Spain to the northeast. Road travel within the country can vary. Many roads are not of a good standard but Spain has received billions of Euros in aid from the European Union and much of this has been spent on the infrastructure and so it is also possible to travel on some of the newest and finest roads on the continent. The country is well served by many bus companies linking the major towns and cities with express services. There are also a wealth of local bus services.

The train service is well developed enabling access to the country from both Portugal and France and fast travel between towns and cities within Spain. Fares are cheap compared to some other major European countries. Madrid and Barcelona are served by extensive Metro (underground railway) networks.

In addition to the many inter island services ferries run from the mainland to both the island groups and the two enclaves in Morocco. The Canary Islands are served by a boat running from Cadiz. The journey is long, some 48 hours and the sea conditions often make for a rough passage. It may be preferable to fly although as we have already pointed out this can be expensive. Ferries from Tariffa and Algeciras, in the Andalucian province of Cadiz, run to Tanger in Morroco. Ferries also link the enclave of Cueta with Tariffa, Algeciras and Malaga. Mellila, the other enclave is served by a boats out of Malaga and Almeria. The Balearic Islands have services to the mainland running to Barcelona, Valencia and Denia.

Article Source: http://www.travelarticlelibrary.com