Spain- Migration and Frustration
MADRID | By Alex García.
unemployment
What if Teen Unemployment Compromised U.S. economic recovery?
NEW YORK | By Ana Fuentes | America’s economy is recovering at a slow but firm pace: mortgages, the car industry, consumption, all show better figures than last year. However, the last jobs report brings a huge problem on the table: teen unemployment is still too high. More than 10 million youth are unable to find full-time work, and that’s a ticking bomb, experts warn.
Why the IMF’s last report on Spain doesn’t make the cut
MADRID | By Luis Martí | Spaniards are not slim quite yet. Or that’s how the IMF’s last report sees it. While admitting that reforms have gone quite far, the IMF wants wage earners to run an extra mile. But there are a few reasons why the institution’s proposal doesn’t make the cut.
Spain bets on exports
MADRID | By JP Marin Arrese | The Spanish government claims its structural reforms are paying off. For several months in a row unemployment performance has markedly improved, rising hopes to curb the current staggering level: more than one in four workers queuing in the dole. It also helps that exports are growing at 8% rate, allowing to save jobs and keep the economy running.
U.S. recovery’s 5th Labor Day… and still counting
SAO PAULO | By Marcus Nunes | Unfortunately, there´s not much to celebrate on this Labor Day. I start by showing what to me is the most telling chart of all concerning the labor market and which I believe contains the “seeds of destruction” in so much as it destroys skills and the likelihood of a return to meaningful employment in the future.
The outrageous salaries of Eurocrats
MADRID | By José Hervás | European commissioners and top officials can receive up to 70% of their salary when they retire, which in most cases translate into more than €10,000 per month.
Crisis-hit Spaniards fight back
MADRID | By José S. Mendoza, via capitalmadrid.com | “The staggering unemployment in Spain we have suffered will now be reversed and we can expect our economy to begin its recovery.”
‘Insiders’: Spain’s unemployment new face
Highly educated, they used to have steady jobs and decent wages… until now. The so-called ‘insiders’ are the new victims of Spain’s unemployment drama, which affects more than 27% of the population. Prospects for 2013 are gloomy, since credit is not flowing, SMEs are choking and consumption remains paralyzed. Have the labor reform and all sacrifices been worth it?
It’s time to rethink both Keynes and Hayek… and fix unemployment
MADRID | By Carlos Díaz Güell | The Western world’s unemployment has reached brutal dimensions. There are more than 200 million jobless people around the world, representing 5.9 per cent of the labour force on the planet, according to the International Labour Organisation. Perhaps it is time to retire or rethink Keynes and also–why not?–Hayek and seek new formulas that will lead us out of the tunnel.
China, a new maturity stage
Keep in mind a new concept: Lionomics. An acronym that gives name to the ambitious process of economic reform the new Chinese Prime Minister Li Keqiang must bring forward.