Saturday, April 24, 2010

I've listened the report from Business Daily called The Pain in Spain. This report was published at 11:32 Friday, 23rd April,BBC world Service.
Now let's start to discuss the problem in Spain. We try to answer the question about can Spain unions and employers reach agreement on labor reforms, which would free up its inflexible job market? We hear from Spanish students, a business leader and top manager.
First of all we try to estimate World Labor Market. Portugal, Ireland, Greece and Spain caused with great chaos in public finances. Spain has the worst jobless rate in Europe. It almost 20 %. Some jobs are good protected with few huge redundancy payments,well other temporary work has not protection at all. But it could be some hopenside. Spain largest unions is predicting an agreement may be signed with employers only forming labor laws in a next few weeks. It's hoped that measures would help more young people into the work force to find a job.
But in reality their hope finding a job is unjustified. Because there is no work in Spain for young people although there are so many foreigners working in Spain.But Spain graduaters are keep trying and they don't know what or who to blame.
What about work in a firm or in a factory. I must mention that the fact of global crisis means the recession in the economy.And once again the business leader confirm this fact. They have a lot of people but they don't have enough work to do.
I think that it is global problem and countries must solve this problem all together in order to avoid the continuation of labor recession.

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