Hot Economic News Releases

A recession brought good ancréea the unemployment rate to a record in late 2011 and analysts note that the new provisions to hire and fire workers more easily create probably does not jobs in such a context.

The unemployment rate was 14% in the fourth quarter, announced the National Institute of Statistics, above the 13.7% projected in the program of international aid 78 billion euros.

In the third quarter of 2011, this rate was 12.4%.

Reform of labor law reduces redundancy payments for new hires to 20 days per year worked, against 30 before, and limits severance payments to 115,000 euros.

• The number of unemployed went up in Spain
• The unemployment rate continues to decline in the U.S. in February
• The number of jobs created in the U.S. disappoints in June
• The black unemployment
• Unemployment fell in October

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