>

Spain will reform the labor market

May 4th, 2010 | By admin | Category: Main News

Spanish Council of Ministers approved a draft reform of the labor market. The main points of the project: the creation of additional jobs, modification guarantees the rights of workers on temporary contracts, increasing labor market flexibility. The Government will provide more freedom to both the employer and the employee. Reform of labor laws is to make the Spanish economy more competitive and attractive for investment.

main problem of the Spanish economy is still a record high unemployment, which amounts to almost 19%. In the past year have lost their jobs over a million Spaniards. According to the Ministry of Labour and Immigration, in January 2010, the number of unemployed increased by another 125 thousand people and over the psychological barrier of 4 million is more than in Germany. Almost 82% of new jobless were employed in the service sector. In Spain almost 60% of all layoffs in Europe.

called and higher figures. National Statistical Service, which uses a different methodology, said the transition into the turn 4 million in the fourth quarter of 2009 and the Spanish trade unions argued that the real figures on unemployment is even higher. According to them, at the moment work does not have 4.5 million people, or 19,4% of the economically active population in Spain. Labour Minister Celestino Korbacho recently acknowledged that the black market for up to 20% of GDP. Compared to the informal assessment of the view of independent observers put the figure at 25% of GDP, looks plausible.

bill on the reform of the Spanish labor market provides for the active involvement of young people to work, namely: expansion of the internship. "In Spain, young people have very few opportunities to try the case. It is very important in my view, take a right off the bat. There is no sense in a multi-year study and collecting diplomas. It i1000s not normal to begin work in 27 years, must learn in the process work ", - says Spanish economist Enrique Quemada.

Features of the Spanish Government attributed the financial problems of the country. During the last two years of economic decline of Spain from the state budget budget surplus was in short supply, and public debt rose from 36% to 55% of GDP. Fulfilling the requirement of the European Union, the Spanish government has undertaken over three years to reduce the budget deficit from the current 11,4% of GDP to fixed in the euro area of 3%. That means cuts in public spending on EUR50 billion, although the Spanish authorities claim that the social economy of the budget will not be affected.

While the life expectancy of Spanish rises, and the cost of pension provision. According to the latest projections of the National Statistics Institute of Spain, 31,9% of the population in 2050 to step over the age of 64 years, and the number of working-age population will decrease by 18% compared with the current level. According to Eurostat, in 2050 in Spain will be the oldest population in Europe, where the retirement age will reach every third inhabitant of Spain. Low birth rate and longevity will lead to the fact that 37,5% of Spaniards are over 65 years and to pay pensions to be nothing.
The Spanish government wants to mitigate the financial burden through the pension reform. Minister of Labour and Immigration, Celestino Korbacho elaborated on the minimum necessary steps to be taken in the coming years: to raise the bar of retirement age from 65 to 67 years to abolish early retirement, significantly reduce the widow"s pension. Only these two measures would "reduce leakage" pension fund in the amount of EUR50 billion

Spanish Government intends to increase retirement age from 65 to 67 years and increase it in future. "To maintain the current system of social protection, you need to take action now and then for fifteen years", - said the first deputy prime minister Maria Teresa Fernandez de la Vega. At the same time, Vice-Premier for Economic Affairs, Elena Salgado said that the government is open to dialogue, ready to make changes to mitigate the proposed reform. According to her, it is assumed that raising the retirement age will not affect workers" individual occupations that are considered severe.

Spanish Prime Minister Luis Rodriguez Zapatero tries to enlist the support of employers and intends to submit its bill unions. The Prime increasing criticism at home. In January, an unknown hacker gained access to the official site of the Spanish Presidency of the EU and was replaced by Prime Minister Zapatero to photograph the image of Mr. Bean - the awkward and touchy character"s British TV show, played by actor Rowan Atkinson. The Spanish press called this cartoon character inability Premier Zapatero to fight the crisis means that deserve respect for the rest of Europe.

Spanish government to discuss the reform of the labor market with representatives of trade unions and entrepreneurs, which is actively engaged in tripartite dialogue on employment and pension reform. Trade unions are cool project. They do not like the government"s plans to raise retirement age and some other restrictions in the social sphere.

And all sides realize that they will have to make concessions. "We very much disagree with the government, especially in regard to pensions, but we are positive and will work", - said the leader of the largest confederation of trade unions Spain Ignacio Fernandez Tocci. However, even in conditions of relative social consensus to implement a program of the Government of Spain will be difficult.


How to save on parking
Forecasts of analysts: Today, support for the Russian sites may be a small rebound in the oil market
In the second round of presidential elections in Ukraine leader Yanukovych, Tymoshenko is behind by less than 3%
Markets might be a little bounce, but the growth prospects look dim until
Today is not expected makrostatisticheskih important U.S. data and the euro
Today the opening of tenders is expected to nearly previous levels close to the Russian stock market
Higher oil prices can support the shares of oil and gas companies and the Russian market as a whole
The external background is neutral for the market of Russia: America closed moderately higher, Asia is trading in different directions
Dmitry Medvedev insists on lowering interest rates for small and medium business

Leave Comment

You must be logged in to post a comment.