Does the labour market
Does the labour market in Spain reflect current British trends? Can we account for any similarities + differences? The trends in the Spanish labour market look more like the ones Britain had around 20 years ago than the ones Britain is experiencing just now. Spain has been much more undeveloped than Britain and has there-fore had to find other ways in how to incorporate itself to the rest of the European Union, something that is happening faster and faster particularly thanks to Aznar's political and economic reforms. However, Spain has a lot of work to do before it can match Britain, especially by improving its legislation system and by getting rid of its huge unemployment. Britain has a good economy with a 3,2 GDP growth and is developing more and more flexibility in the form of part-time, flexitime, telecommuting, temporary work, etc. Also many women are entering the workforce. Today's Britain has an unemployment rate of 5,5% that is far below the Spanish. Unemployment in Spain is the highest in the whole EU, 13,97%, yet it has fallen below 14% for the first time since almost 20 years. It is only since Aznar become president that the unemployment in Spain really began to go down. In 1997, unemployment was above 20% a
Interview with Prime Minister Jose Maria Aznar, "Spain Has Changed", Newsweek April 10th, 2000. The geographical mobility of the unemployed is hindered by the lack of rental homes and their great cost and too little information available about places with vacancies. Social and personal motives, such as edu-cation of children, health, etc., can also be a problem. "The Aznar touch", The Economist, October 24th, 1998. "Spain Employment Trends." www.camforecast.com/sample/labozzzz.htm nd even higher the years before. This em-ployment growth is being motivated by several reasons, such as the GDP growth, 4,2% this year, that is the second highest in EU after Belgium and much higher than Britain's 3,2%. This is evidence that con-firms that Spain is getting better but it seems that the economic growth is beginning to slow down. Other reasons for more employment are without doubt the reforms that have been made to the labour market since Aznar's party acquired the power; premature retirement from the labour force; the low birth rate and geographical mismatch. More about these will be analysed below. Spain has a very inefficient legislation system and a high level of bureaucracy. It takes e.g. half a year to establish a new company in Spain; something that compared with Britain and the U.S.A. where it can be done in half a day is completely ridiculous. It is therefore very difficult for people to start new businesses, something that has consequences for unemployment and the economic and industrial growth of he coun-try. Spain was a dictatorship under Franco for 36 years until 1975. The real development of Spain didn't start until Franco's dead. It is then clear why it has not been possible for Spain to reach the level where Britain is. The government was centralized and Franco controlled everything. The current labour legisla-tion is in fact a cultural leftover from Franco's era and it has still not been managed to make it so eff
Some common words found in the essay are:
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Approximate Word count = 1309
Approximate Pages = 5 (250 words per page double spaced)
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