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Archive for the ‘Spanish economy’ Category

The Minister of Labor and Immigration, Valerian Gomez, said today that the pension reform agreed between Government and social partners will help reduce the shadow economy, and could bring out between 100,000 and 150,000 irregular jobs. In a radio interview, the minister has quantified the overall Spanish economy at around 20% of Gross Domestic Product (GDP), according to various studies.

Gomez explained that the diversity of the measures included in the reform of public pension system, as the possibility of smaller contributions, could entail some form of illegal employment is a result of the costs. In this regard, said illegal jobs tend to increase during periods of crisis and that the pension reform can make them emerge more quickly.

The minister also stressed that this reform will help create jobs, because in the tripartite agreement also provides for an “emergency plan” to stimulate hiring by employers, with reductions of contributions. Has also ensured that tomorrow the Executive and the social partners will finalize the details of this plan is “to give employers the best conditions of employment so they can reduce their costs.”

The plan is part of the reform of the active policies that seek to improve the capacity of training and retraining of public employment services of the autonomous communities, and where stands the new financial aid of about 400 euros for the unemployed without income want to do job placement programs.

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