Spanish Welfare: Austerity & Protest

Europe in Crisis

Archive for the month “February, 2012”

Youth or Unions?

Protests against what may be much needed labor reform laws took place on February 19, 2012 with half a million people taking to the streets in Spain.

“The conservative party says its own labour market reform, passed Feb. 10, will give struggling companies more room to recover from the economic crisis and create jobs in a country where almost half of all young people are unemployed.” -Reuters
Video courtesy ABC News on Youtube

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Spain’s “Lost Generation”

In this report by Al Jazeera English a young man my age, 22, eats a meal paid for by the Spanish government before walking away into an abyss of unemployment and homelessness. Today, Spain has the highest unemployment rate in the EU with 22.9 percent of the Spanish population out of work. Moreover, 48.6 percent of youth under the age of 24 are jobless and┬ámany seek to leave Spain to find work where it might be available. One such place is Germany. As can be seen in the video, newly graduated youth take language courses to learn the German language before they head off in search of a more “job friendly economy.” However, for most young people in Spain moving out of the country is simply not an option due to financial constraints.

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