unemployment


US unemployment

Stop Talking About Unemployment

James Alexander | Scott Sumner wrote an interesting blog post on his vision of macro. It is a useful way of seeing where Scott stands today. However, we were puzzled. Should unemployment really be the centerpiece variable or should it be stable nominal spending growth at an appropriate level?


Hermann Simon, chairman of Simon-Kucher

“Spanish industry does very little to promote a dual training system adaptable to the needs of today”

“…One of the reasons for the high level of youth unemployment in Spain has to do with the fact that companies hardly get involved in the dual training system,” explains Hermann Simon the chairman of Simon-Kucher, the preferred consultancy firm of the “hidden champions,” those German mid-cap companies which compete globally. “Spain’s level of innovation is very weak…the whole country cannot live just off tourism services.”




Temporary layoffs concentrate in activities mainly linked to trade and tourism

Unemployment in Spain: that accursed seasonality

Caretaker Prime Minister Mariano Rajoy is stubbornly holding on to his target-promise that Spain can create 20 million jobs by 2020 if the current economic policy is maintained. But the reality of the Spanish economy is just as obstinately demonstrating that there are very considerable holes.


camareroTC

Spain July unemployed falls to lowest level since August 2009

It’s good news for Spain’s economic recovery. The number of unemployed people registered with Spain’s public employment services dropped by 83,993, or 2.2%, in July from June to 3.683.061 million, the lowest level since August 2009. It was also the biggest fall in the month of July since 1997.


waiter

Spanish jobless rate drops to a still painful 20%

Summer’s here and so are seasonal contracts. The latest employment survey showed the jobless rate in Spain went down to 20% in Q2, its lowest level since the summer of 2010. And yet employment is still a heavy burden for Spaniards, Greece being the only EU country with a higher rate.