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February 22nd, 2012

According to a survey carried out by the human resources company, Randstad, after the Government announced the proposed the labour reform, 84% of Spanish do not believe that more jobs will be created this year or that the unemployment rate will lower. Given the unfavourable forecasts of official institutions and ...

Continue reading Eight in Ten Spanish Don’t Think Unemployment Will Fall This Year

February 21st, 2012

The total balance of mortgage loans from financial institutions stood at 1,009 billion euros at the close of 2011, representing a slump of 6% over the previous year, and the biggest drop in recorded history. These figures come from the latest data published by the Spanish Mortgage Association (AHE), which ...

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February 20th, 2012

Two Spanish cities, Barcelona at No. 11 and Madrid at No. 16, have been included in the list of the 20 best cities in the world for students, in a new ranking released at the weekend by QS, a company specialising in research and rankings of universities worldwide. Among the ...

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February 15th, 2012

German Chancellor, Angela Merkel, yesterday applauded the labour reform approved on Friday by the Spanish Government and said it was an example of the measures Europe is implementing to overcome the crisis. On behalf of Merkel, German government spokesman, Steffen Seibert, said in a routine press meeting that the move "shows ...

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February 14th, 2012

Spain’s Finance Minister, Cristobal Montoro, said yesterday that the labour reform approved by the Government will not create jobs by itself and pointed out that, although it is a precondition for this, it is also necessary for credit to flow, so that companies can sell more and recover the domestic ...

Continue reading Spain to Protest Over Labour Reforms

February 13th, 2012

The Spanish are reluctant to change their country in order to work, even though unemployment has reached its historical peak but, according to the findings of a survey released last week by IPSOS, 46% of the respondents said they were open to the option of emigrating in search of a ...

Continue reading 46% of Spanish Willing to Emigrate to Find Work

February 10th, 2012

One in four people in Spain is at risk of poverty or social exclusion. Eurostat, the Statistical Office of the European Union, confirmed yesterday that Spain is the eurozone country which has seen this indicator increase between 2009 and 2010, from 23.4% to 25.5% of the population. This means that ...

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February 7th, 2012

According to the Ministry of Employment and Social Security, the number of unemployed registered at the public employment service offices (formerly INEM) at the end of January stood at nearly 4.6 million, after the number of unemployed rose by 177,470 in the month - a 4% increase over December. Specifically, the ...

Continue reading Spanish Unemployment in January

January 30th, 2012

The number of unemployed in Spain has surpassed the 5 million mark for the first time, ending 2011 with 5,273,600 unemployed, according to the Labour Force Survey (EPA), released on Friday by the National Statistics Institute. The unemployment rate increased by 1.33 points to 22.85%, which is the highest it ...

Continue reading 2011 Closed with Highest Unemployed Rate Since 1994

January 27th, 2012

The world's largest social network is more than entertainment for its users. According to a report by Deloitte, Facebook generates 232,000 jobs in the European Union. The same study, which measures the employment and economic impact of Mark Zuckerberg's company, said that this accounts for 15,300 million euros of the ...

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