Spain is the EU country with the highest unemployment rate for the first time since 2012
       |           

Welcome, Guest. Please login or register.
Did you miss your activation email?
March 29, 2024, 01:31:23 AM
News: Election Simulator 2.0 Released. Senate/Gubernatorial maps, proportional electoral votes, and more - Read more

  Talk Elections
  General Politics
  International General Discussion (Moderators: afleitch, Hash)
  Spain is the EU country with the highest unemployment rate for the first time since 2012
« previous next »
Pages: [1] 2
Author Topic: Spain is the EU country with the highest unemployment rate for the first time since 2012  (Read 983 times)
Former President tack50
tack50
Atlas Politician
Atlas Icon
*****
Posts: 11,891
Spain


Show only this user's posts in this thread
« on: January 12, 2021, 08:16:58 AM »

Something I had not noticed until now, but apparently in Q4 of 2020 Spain finally managed to beat Greece in the battle for most unemployed EU country. Spain's unemployment rate was 16.2% while Greece's unemployement rate was only 16.1%



The 2 countries have been battling hard for the title of most unemployed country in the EU for quite some time now. Last time neither of them was the most unemployed country in the EU was all the way back in Q3 of 2007, when Poland of all countries had the record; and Germany was 2nd!!!!!!

https://ec.europa.eu/eurostat/databrowser/view/LFSQ_URGAN__custom_443989/default/table?lang=en

Haha, take that Greece! Tongue /s
Logged
Battista Minola 1616
Atlas Icon
*****
Posts: 11,282
Vatican City State


Political Matrix
E: -5.55, S: -1.57

Show only this user's posts in this thread
« Reply #1 on: January 12, 2021, 08:26:41 AM »

Thank God for Spain and Greece! Tongue

(Italian, normal)
Logged
Blue3
Starwatcher
Atlas Icon
*****
Posts: 12,035
United States


Show only this user's posts in this thread
« Reply #2 on: January 12, 2021, 08:37:07 AM »
« Edited: January 12, 2021, 09:02:33 AM by Blue3 »

I don't like posts like that which assume I've memorized every European flag Tongue
Logged
True Federalist (진정한 연방 주의자)
Ernest
Moderators
Atlas Legend
*****
Posts: 42,157
United States


Show only this user's posts in this thread
« Reply #3 on: January 12, 2021, 08:51:42 AM »

HEVASG!

hacer España vuelva a ser grande
Logged
It's Perro Sanxe wot won it
Mimoha
Jr. Member
***
Posts: 834
Spain


Political Matrix
E: -4.65, S: -5.22

Show only this user's posts in this thread
« Reply #4 on: January 12, 2021, 08:59:01 AM »

Proud to be Spanish! Now we just gotta beat Israel in number of elections
Logged
True Federalist (진정한 연방 주의자)
Ernest
Moderators
Atlas Legend
*****
Posts: 42,157
United States


Show only this user's posts in this thread
« Reply #5 on: January 12, 2021, 09:00:45 AM »

Proud to be Spanish! Now we just gotta beat Israel in number of elections

You need a more achievable goal.
Logged
Battista Minola 1616
Atlas Icon
*****
Posts: 11,282
Vatican City State


Political Matrix
E: -5.55, S: -1.57

Show only this user's posts in this thread
« Reply #6 on: January 12, 2021, 09:14:53 AM »


I think the grammatically correct form is "(hagamos) que España vuelva a ser grande".
Logged
Former President tack50
tack50
Atlas Politician
Atlas Icon
*****
Posts: 11,891
Spain


Show only this user's posts in this thread
« Reply #7 on: January 12, 2021, 09:53:12 AM »


We actually have an "official" translation of MAGA thanks to Vox and it's actually "Hacer España Grande Otra Vez" (to make Spain great again translated literally)

Logged
CumbrianLefty
CumbrianLeftie
Atlas Icon
*****
Posts: 11,601
United Kingdom


Show only this user's posts in this thread
« Reply #8 on: January 12, 2021, 10:17:09 AM »

Ahead of Greece in this table is surely......not good?
Logged
Amanda Huggenkiss
amanda dermichknutscht
Jr. Member
***
Posts: 658


Show only this user's posts in this thread
« Reply #9 on: January 12, 2021, 11:34:03 AM »

I don't like posts like that which assume I've memorized every European flag Tongue

Even EU citizens don't like posts that assume they've memorized every European flag.
Logged
Skye
yeah_93
YaBB God
*****
Posts: 4,579
Venezuela


Show only this user's posts in this thread
« Reply #10 on: January 12, 2021, 02:08:28 PM »

Yeah, take that, Greece!
Logged
Santander
Atlas Star
*****
Posts: 27,854
United Kingdom


Political Matrix
E: 4.00, S: 2.61


Show only this user's posts in this thread
« Reply #11 on: January 12, 2021, 02:28:17 PM »

I don't like these kinds of lists because I know I caused some of the employment in a few of those countries, lol.
Logged
Cassius
YaBB God
*****
Posts: 4,591


Show only this user's posts in this thread
« Reply #12 on: January 12, 2021, 02:29:15 PM »

Surprised the unemployment rates are that low across the board (although I haven’t been keeping tabs). Have any other European countries other than Germany implemented furlough schemes akin to ours to keep the unemployment figures low?
Logged
dead0man
Atlas Legend
*****
Posts: 46,086
United States


Show only this user's posts in this thread
« Reply #13 on: January 12, 2021, 02:36:11 PM »

weird, I thought the 22% increase in the minimum wage last year was supposed to boost employment (somehow)?
Logged
Battista Minola 1616
Atlas Icon
*****
Posts: 11,282
Vatican City State


Political Matrix
E: -5.55, S: -1.57

Show only this user's posts in this thread
« Reply #14 on: January 12, 2021, 02:57:46 PM »

Surprised the unemployment rates are that low across the board (although I haven’t been keeping tabs). Have any other European countries other than Germany implemented furlough schemes akin to ours to keep the unemployment figures low?

To my knowledge schemes more or less resembling the Kurzarbeit are pretty common in Europe, although I have no idea if and how there have been extraordinary implementations for COVID.
Logged
True Federalist (진정한 연방 주의자)
Ernest
Moderators
Atlas Legend
*****
Posts: 42,157
United States


Show only this user's posts in this thread
« Reply #15 on: January 12, 2021, 03:03:23 PM »
« Edited: January 12, 2021, 03:08:23 PM by True Federalist (진정한 연방 주의자) »


I think the grammatically correct form is "(hagamos) que España vuelva a ser grande".

I did a quick and dirty google translate.  I dropped the que since it back translated to what I wanted in English, and dropping it gave a semi-pronounceable acronym.
Logged
Former President tack50
tack50
Atlas Politician
Atlas Icon
*****
Posts: 11,891
Spain


Show only this user's posts in this thread
« Reply #16 on: January 12, 2021, 05:05:29 PM »

weird, I thought the 22% increase in the minimum wage last year was supposed to boost employment (somehow)?

I mean, the 22% minimum wage increase didn't have a huge effect on unemployemnt. And I doubt anyone predicted a pandemic to hit
Logged
Crane
Atlas Politician
Junior Chimp
*****
Posts: 9,080


Political Matrix
E: -8.16, S: 3.22

P
Show only this user's posts in this thread
« Reply #17 on: January 12, 2021, 09:20:43 PM »
« Edited: January 12, 2021, 09:25:14 PM by Abolitionist John Brown »

weird, I thought the 22% increase in the minimum wage last year was supposed to boost employment (somehow)?

I mean, the 22% minimum wage increase didn't have a huge effect on unemployemnt. And I doubt anyone predicted a pandemic to hit

Ignore the lolbert.
Logged
dead0man
Atlas Legend
*****
Posts: 46,086
United States


Show only this user's posts in this thread
« Reply #18 on: January 13, 2021, 12:14:38 AM »

weird, I thought the 22% increase in the minimum wage last year was supposed to boost employment (somehow)?

I mean, the 22% minimum wage increase didn't have a huge effect on unemployemnt. And I doubt anyone predicted a pandemic to hit
while I agree the Spanish govt was especially poor in handling the pandemic, they weren't the only one hit by it.  Obviously the huge boost in the minimum wage isn't the only reason Spain has the highest unemployment rate in the EU (that takes decades of mismanagement), I was just making fun of the Socialist who thought it would help.
Logged
parochial boy
parochial_boy
Junior Chimp
*****
Posts: 5,114


Political Matrix
E: -8.38, S: -6.78

Show only this user's posts in this thread
« Reply #19 on: January 13, 2021, 04:02:47 AM »

Eh, Spain fundamental problem is still what it always was - the near impossibility of defaulting on your debt, coupled to the house price collapse and an exceptionally fragile, zombie banking sector. Which means people waste their disposable income on paying back loans they will never fully pay back to banks which don't have the ability to provide credit back into the economy.

Coupled, obviously, with a huge tourism sector, which obviously, in the year people aren't travelling... Well, not so great.

I mean, the overally conclusion is that "don't put all your eggs in ones basket", "asset bubbles are bad", and that expecting the private sector to magic the economy better by itself doesn't work. And neither of those conclusions are especially friendly towards free market oriented economic ideologies.
Logged
Zinneke
JosepBroz
YaBB God
*****
Posts: 4,070
Belgium


Show only this user's posts in this thread
« Reply #20 on: January 13, 2021, 05:16:40 AM »

Eh, Spain fundamental problem is still what it always was - the near impossibility of defaulting on your debt, coupled to the house price collapse and an exceptionally fragile, zombie banking sector. Which means people waste their disposable income on paying back loans they will never fully pay back to banks which don't have the ability to provide credit back into the economy.

Coupled, obviously, with a huge tourism sector, which obviously, in the year people aren't travelling... Well, not so great.

I mean, the overally conclusion is that "don't put all your eggs in ones basket", "asset bubbles are bad", and that expecting the private sector to magic the economy better by itself doesn't work. And neither of those conclusions are especially friendly towards free market oriented economic ideologies.

The Left has to be honest and talk about labour market policies, painted as "job security measures" that simply do not favour incoming graduates. Its a feature in latin (inc. Belgium) countries that moving on boomer/gen x deadwood is too hard so keep the 20somethings on sh**t contracts.
Logged
Former President tack50
tack50
Atlas Politician
Atlas Icon
*****
Posts: 11,891
Spain


Show only this user's posts in this thread
« Reply #21 on: January 13, 2021, 05:48:06 AM »
« Edited: January 13, 2021, 05:51:46 AM by Senator tack50 (Lab-Lincoln) »

Eh, Spain fundamental problem is still what it always was - the near impossibility of defaulting on your debt, coupled to the house price collapse and an exceptionally fragile, zombie banking sector. Which means people waste their disposable income on paying back loans they will never fully pay back to banks which don't have the ability to provide credit back into the economy.

Coupled, obviously, with a huge tourism sector, which obviously, in the year people aren't travelling... Well, not so great.

I mean, the overally conclusion is that "don't put all your eggs in ones basket", "asset bubbles are bad", and that expecting the private sector to magic the economy better by itself doesn't work. And neither of those conclusions are especially friendly towards free market oriented economic ideologies.

The Left has to be honest and talk about labour market policies, painted as "job security measures" that simply do not favour incoming graduates. Its a feature in latin (inc. Belgium) countries that moving on boomer/gen x deadwood is too hard so keep the 20somethings on sh**t contracts.

Generally decreasing job security is a right wing prerogative though? Huh Indeed, the 2012 labour reform from PM Rajoy was seen as a huge attack on job security by labour unions and so was the 2010 reform under Zapatero. Both made it easier to fire employees and reduced job security, and both were seen as part of the broader package of cuts and austerity forced by Merkel/the EU

And indeed even now in 2021, Podemos wants to repeal the 2012 reform in full and flip flops on whether repealing the 2010 reform would be good or not; while PSOE wants to do a partial repeal of the 2012 law.

On the other side, one of Cs' key proposals since they became big nationally has been to create a "single contract", merging temporary and permanent contracts into a single contract that offers more flexibility.  And of course as you might expect Vox wants to go even further into labour reforms.

Fun fact: There have literally been 0 reforms since the 80s with the objective of increasing job security or making it harder to fire and hire people. Yet despite that, unemployment has always been above 10% except during a brief period during the peak of the housing bubble.
Logged
Zinneke
JosepBroz
YaBB God
*****
Posts: 4,070
Belgium


Show only this user's posts in this thread
« Reply #22 on: January 13, 2021, 08:36:53 AM »

Hence why I am saying : as well as putting forward the structural reforms required from parochial boy's analysis, the Left should also look into making it easier for young people to get jobs. Right now the unions in Spain are labour aristocracy. The same phenomenon that - in other countries - held back womens rights in the workplace to reduce the supply of labour so they could bargain for more. No wonder they have a terrible image.
Logged
CumbrianLefty
CumbrianLeftie
Atlas Icon
*****
Posts: 11,601
United Kingdom


Show only this user's posts in this thread
« Reply #23 on: January 13, 2021, 09:48:11 AM »

Eh, Spain fundamental problem is still what it always was - the near impossibility of defaulting on your debt, coupled to the house price collapse and an exceptionally fragile, zombie banking sector. Which means people waste their disposable income on paying back loans they will never fully pay back to banks which don't have the ability to provide credit back into the economy.

Coupled, obviously, with a huge tourism sector, which obviously, in the year people aren't travelling... Well, not so great.

I mean, the overally conclusion is that "don't put all your eggs in ones basket", "asset bubbles are bad", and that expecting the private sector to magic the economy better by itself doesn't work. And neither of those conclusions are especially friendly towards free market oriented economic ideologies.

The Left has to be honest and talk about labour market policies, painted as "job security measures" that simply do not favour incoming graduates. Its a feature in latin (inc. Belgium) countries that moving on boomer/gen x deadwood is too hard so keep the 20somethings on sh**t contracts.

That happens here too.
Logged
parochial boy
parochial_boy
Junior Chimp
*****
Posts: 5,114


Political Matrix
E: -8.38, S: -6.78

Show only this user's posts in this thread
« Reply #24 on: January 13, 2021, 10:02:30 AM »

Hence why I am saying : as well as putting forward the structural reforms required from parochial boy's analysis, the Left should also look into making it easier for young people to get jobs. Right now the unions in Spain are labour aristocracy. The same phenomenon that - in other countries - held back womens rights in the workplace to reduce the supply of labour so they could bargain for more. No wonder they have a terrible image.

A big part of the problem is back in the winds of history - the latin countries developed communist inspired trade unions who saw there role to be the wholesale overturning of capitalism and obstinate, unambiguous opposition to the bosses. In the more succesful countries, there has always been a more collaborative relationship.

I'm not sure the answer is "weaken" the trade unions, at the risk of winding up with the opposite side of the story, which is the horror of the UK/US style liberal labour market, but instead to somehow change the remit in which they operate; so that you wind up with something closer to the German or Swiss model of trade unionism.

As for the liberalisation argument. Well isn't it just the case that you wind up displacing the problem from the young to the old? And in any case, France has gone through a series of liberalisation, and the issue at hand has not budged. So I am minded to think the structural issues - be it deindustrialisation, industrial and fiscal policy, the pain and failure of an economic transition - all count for more at the end of the day.
Logged
Pages: [1] 2  
« previous next »
Jump to:  


Login with username, password and session length

Terms of Service - DMCA Agent and Policy - Privacy Policy and Cookies

Powered by SMF 1.1.21 | SMF © 2015, Simple Machines

Page created in 0.045 seconds with 11 queries.