Saturday, February 11, 2012

Spanish Government approves reform of the labour market

With a reform package, the Spanish Government wants to reduce the country's high unemployment. Recruitment and dismissal of workers should flexibility be. © Juan Carlos Hidalgo\/EFE\/dpaArbeitslose before the Labour Office in Madrid.
Arbeitslose vor dem Arbeitsamt in Madrid
The Spanish Government has adopted a comprehensive reform of the labour market. The new rules should give employers greater flexibility in the recruitment and dismissal of employees, said Deputy Prime Minister Soraya Sáenz de Santamaría. The main goal of the reform is the setting in particular of young people and the long-term unemployed, to facilitate.
So, the increase in fixed-term contracts should be stopped. Also cuts in severance payments are provided. Only an indemnity should receive in the event of termination workers of 33 instead of so far 45 day wages per year of work performed.
The economically struggling country wants to find savings and structural reforms of the debt crisis. Especially the high unemployment rate makes establishing the country: 22,85%, Spain has the highest unemployment rate in the EU. Currently, more than five million people are without a job. Almost every second young person under 25 is unemployed.