tag:blogger.com,1999:blog-36227136.post5975885933009773213..comments2024-01-16T08:40:53.682+00:00Comments on <a href="http://www.openeurope.org.uk">Open Europe</a>: Let's have a look beyond the (rather encouraging) headline figures on Spanish unemploymentOEhttp://www.blogger.com/profile/00556463374230498875noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-36227136.post-85281718522180219762013-08-01T16:23:53.670+01:002013-08-01T16:23:53.670+01:00Terrible to see the spiral of decline forced on to...Terrible to see the spiral of decline forced on to this once proud people by the cruel experiments of the EU cream. Or is it the scum that rises to the top?Rollohttps://www.blogger.com/profile/18255460090580758354noreply@blogger.comtag:blogger.com,1999:blog-36227136.post-38115999854123666312013-07-25T13:09:09.904+01:002013-07-25T13:09:09.904+01:00In a country like Spain with heavily protected job...In a country like Spain with heavily protected jobs, normally you will see first that the economic/GDP trend is broken and after that de unemployment trend.<br />Most likely Spanish employers have still employees they basically want to fire but are not able to. Or they simply wait to avoid the costs and hope for better times.<br /><br />Usually employment start first is the economically strongest regions (unless it is government jobs, but here they donot have the cash for that). Andalusia is as economically dysfunctional as it gets. So imho it is clear it is tourism, which is seasonal.<br /><br />Emigration, is a worrying sign. It basically works like aging (accelerated aging even). Demographics change and not for the better. Likely it will concern: younger, better educated, with language skills people with few dependants. The ones that are supposed to pay another 30-40 year for the Spanish welfare state and inefficient government.<br />So it is probably not only demographics but also qualitywise that the labormarket is hit.<br />And Spain unlike much of the Northern countries donot have older say the 50-60 year olds that are better trained than the youth. A trend we see in eg the States.<br />This (older) group is largely considerably undereducated and has little languageskills. <br />However the earlier outflow of Spaniards 50-60s have largely returned to the homeland after their original country boomed. Which was rather unusual. No guarantee of course for this situation, hard to see eg how Spain will boom again. Riknoreply@blogger.com