Jan 262013
 
Upside Down and Inside Out Thinking - The Battle For Spanish Society Part Three

The new labour laws in Spain were quickly hurried through Parliament last Friday. In effect the major point of them is that they make it easier to get rid of employees as you no longer need to pay them so much to sack them.

As a measure to reduce unemployment does that seem sound to you? If the only thing that has stopped companies sacking people was the fact that it is extremely expensive to do so then making it cheaper and easier short term can only do one thing: Increase Spain’s already unsustainable 23% unemployment rate even more and even faster!