It is clear that one of the problems why the economy is not moving at a good pace is that unemployment figures are galloping, on the way to the labor cemetery. The latest unemployment figures and the continuous rise of the Euribor ...
It is clear that one of the problems why the economy is not moving at a good pace is that unemployment figures are galloping, on the way to the labor cemetery. The latest unemployment figures and the continuous rise of the Euribor foreshadow months in which we will have to tighten our belts even more, yes we know, there are many families who have no room to make new holes in a belt that does not allow some to live comfortably, nor others at half throttle. But let's be clear, ladies and gentlemen, that the net creation of employment in the Spanish economy requires GDP growth rates (the main existing macromagnitude that measures the monetary value of the production of goods and services) of around 2%, and are we close? Unfortunately not, but hope, according to the good Samaritans, is the last thing to be lost, the latest news from the Ministry of Finance says that we will arrive in 2014.
As always, Autonomous Communities such as the Canary Islands and Andalusia come out scalded not only from the figures in education but also in the youth unemployment figures, and the Autonomous Communities mentioned above register the highest rates of youth unemployment and the figures are increasing. According to data from the Youth Employment Observatory, the unemployment rate in both autonomous communities exceeds the national average by seven points, which stands at around 20 percent. Nearly 45% of young people are unemployed, double the average of the European Union. In addition, the growth of unemployment among those under 35 years of age has doubled in the last quarter compared to other autonomous regions. The highest unemployment rates are recorded among women, mainly in the range between 16 and 19 years of age, in which, as a whole, unemployment is almost 65 percent.
The famous "neither-nor" generation has increased the number of members in recent months due to the lack of youth incentive and the lack of support from governments to an area that feels helpless. It is true that everything should not fall on our rulers, for the simple reason that there are many young people who do not have the will to learn and build a future, so they do not give way to labor competitiveness.
The future of young Canary Islanders in labor matters today is an "uncertain present-future" due to the lack of expectations or better said, due to 0 expectations when finding a job. Early retirement and tax benefits in the hiring of young people may be the measures that help cushion the fall into the void of youth unemployment and stabilize this market so affected by the Spanish economic crisis. Experts say that the absence of credit and investment reduces the possibilities of creating employment, but who dares to create a company in the economic conditions in which our country finds itself. Public investment and the granting of subsidies to tourist complexes will help to modernize them and create employment in the Canary Islands.
Underground hiring does not help the economy to move forward at all, and I applaud the central government for the measure it has taken to alleviate this type of economy to some extent, increasing the fine for having an uninsured employee by 500%. It is also true that we have to look at both sides of the coin, and I know that there are many SMEs that are not profitable to have an employee, due to the amount of taxes they have to pay, so we must also bet on radical tax benefits for small and medium-sized companies. What is clear is that creating employment will be a matter of luck and trying measures, but what I am clear about is that temporary hiring will prevail over long-term hiring.
Being young and not having a job is a disadvantage, but more disadvantage is having an entire family unemployed and not having to give their children something to eat.