TVNewser Jobs PRNewser Jobs AgencySpy Jobs SocialTimes Jobs

Posts Tagged ‘European Union’

Spain’s Job Market Gets Slight Boost From Temporary Opportunities

spanish flagConsidering Spain has the second highest unemployment rate in the European Union at 26 percent (only Greece’s rate is higher), it’s breathing a sigh of relief today. According to CNN, the number of registered unemployed folks dropped by 107,600 last month. Currently the number of their folks out of work is approximately six million people. We would be myopic if we only wrote about U.S. News but their numbers are quite staggering, aren’t they?

Government officials sound optimistic. Per the piece, their prime minister has predicted a recovery for this year and earlier this week in a radio interview their economy minister indicated job creation could potentially surpass forecasts.

Numbers are misleading though since labor unions point to temporary and part-time opportunities as providing relief, not full-time ones. In fact, their data reflects new employment contracts as temporary ones. Technically the number of permanent jobs that are new and available to job seekers has remained flat the past year.

Per the piece, Victor Echevarria at BNP Paribas, explained, ”Employment in Spain has traditionally only seen sustained increases when the economy has posted solid growth; it remains to be seen whether this will also be the case this time around.”

Mediabistro Course Book Promotion and Publicity Boot Camp

Develop a plan for your book’s success in our brand new online boot camp, Book Promotion and Publicity! Starting July 10, publishing and public relations experts will teach you the publicity skills needed to ensure a successful book launch, such as, how to create a social media kit, interact with fans and authors on panels, create a marketing newsletter and more! Register now!

The post Featured Post appeared first on MBToolBox.

European Unemployment Reaches Rock Bottom

This just in…if you thought the job outlook here wasn’t too peachy, wait til you hear what’s going on in Europe.

According to The Associated Press, unemployment in 17 EU countries which use the euro increased to 11.8 percent in November.

Since the union was founded in 1999 this rate is at an all-time high; the number of jobless equates to 18.8 million.

Data was released today by the EU’s statistics agency and unemployment increased only .1 percentage point in October but increased by 1.2 percentage points from a year ago. The social and economic crises across the pond seems to be exacerbated by government debt.

As per the piece, governments in the union have been cutting spending and increasing taxes. That said, slashing wages and pensions impact employees in their wallets. Although it sounds like the governments are reforming labor practices and promoting employment by boosting skills and educations, such measures take time and don’t yield immediate results.

The sharpest increase in unemployment the past year in Europe occurred in Greece where the rate catapulted to 26 percent in September. This is in comparison to their unemployment rate of 18.9 percent from September 2011. Spain held the highest overall rate where 26.6 percent of its job force was not working.

As for the good news, Austria held the lowest unemployment rate at  4.5 percent. Luxembourg trailed with 5.1 percent and Germany wasn’t too far behind at 5.4 percent.