The ruling Partido Popular head into the general elections next month trying to convince Spaniards that they are responsible for an economic miracle and should be elected back into office because of their economic credentials. Yes, in some ways the government of Prime Minister Mariano Rajoy has nursed the economy back to good health but what they won’t tell you is that the unemployment rate is still alarmingly high. There are four million people without a job in Spain and many of the new jobs which Rajoy’s government will trumpet are just low-paid temporary posts. When I was back in Britain earlier this month what struck me was the large number of Spaniards who now work in Britain. In most cases they are young people who have headed to Britain in search of employment and most end up working in hotels, restaurants or bars. It is amazing that the Spanish tourist industry is unable to find employment for these people. If you watch Spanish television there are a number of advertisements which are themed about young people working abroad but heading home for Christmas. I find it rather sad. Rajoy’s “economic miracle” has not meant that these people have returned home, they are still abroad waiting for the economy to pick up and new jobs to be created. And these are young people who are forced abroad because of problems at home. When the exodus returns, you can start talking about economic miracle.
Economic miracle
26/11/2015 00:00
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Spanish employment law needs a thorough overhaul. Under the current system, unemployment will continue to be high, and youngsters will seek better opportunities abroad.
Most of the young Spaniards I speak to in London, do not wish to return to work in Spain, (they wish only for more a little more blue sky and sun in London). They love that London is dynamic, buzzing, welcomes entrepreneurship, is creative, diverse, forward thinking, less paperwork etc, etc. The majority are earning £2000 + per month, which equates to €2840 per month. It is great for them to get away and experience life and experience the world. With Face Time and Skype the world is so much more than the country you were born in. Why do you see this as such a negative Jason??? All these youngsters will be able to buy flats in Spain now, however, they would be better off buying a flat in zone 3/4/5 in London and earn money forever from it. Rajoy HAS created an "economic miracle" for Spain. It is there antiquated and restrictive employment rules and regulations that prevent the youngsters getting full time work. Sadly these rules will never change in Spain. They need to keep the PP in to continue with this economic miracle.