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Tag: Spain

Start-ups fill void left by Spain’s 26pc jobless rate

Over the first seven months of the year, registrations of self-employed people in Spain rose by 21,992 while they fell by 6,826 over the same period a year earlier. Thanks to necessity entrepreneurship – people who create a business to exit unemployment rather than by opportunity – the number of companies created increased by 8.2 per cent in the first half as a 26pc jobless rate spurs entrepreneurship in a country where the government still accounts for one in six jobs. ...

Juicy grapes lure Spanish from jobless lines to vines

Spain’s Canary Islands begins a bumper wine grape harvest this year, luring workers from the unemployment queues to the vineyard. ...

Spain’s jobless falls for 5th straight month in July

The number of registered jobless in Spain fell in July is said to be boosted by seasonal factors including a strong tourist season. ...

OECD sees record 12.3pc EU jobless rate in 2014

The eurozone’s record unemployment rate of 12.3pc by end-2014 expected to hit young people the hardest, with huge disparities between Germany and hard-up countries such as Spain and Greece, according to OECD forecast ...

EU kicks off jobs summit after budget compromise

EU leaders kicked off a two-day summit on Thursday tackling the jobs crisis hours after compromise between governments on the EU’s trillion-euro budget. ...

EU youth: over-qualified, poorly paid or jobless

It is not only unemployment but also underemployment – including workers who are overqualified, interns who are unpaid or low-paid, and part-time employees who want full-time work – that has reached critical levels in many EU countries, and could leave a permanent financial and psychological mark on a generation. ...

World down on jobs, with Europe bleakest: Gallup

57pc of adults worldwide said it was a bad time to find a job – unchanged from 2011, although global views on job prospects have improved since 2009, the height of the global downturn. Greece, Italy and Spain the worst places to find work ...

IMF calls for urgent steps on Spain unemployment

IMF warns Spain could face years of high unemployment and sluggish growth unless the country and Europe take “urgent action”. ...

US hiring outlook positive amid global jitters: report

Manpower Group quarterly survey found most employers globally are uncertain about hiring in July to September, while companies in the US and parts of Europe are cautiously optimistic ...

Germany to help Spain with credit for growth

Germany is setting up a loan program for struggling small and medium-sized firms in Spain to boost growth and jobs. ...