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The number of jobless people in Spain declined significantly in the second quarter of 2014 as strong job creation led to a significant decrease in the country's high unemployment rate. The rate, one of the highest in the OECD, fell to 24.5% from 25.3% in the first quarter. The unemployment rate is still 15.7 percentage points higher than before the crisis and there are still 3.6 million more unemployed.
This report provides an initial evaluation of the comprehensive reform of the Spanish labour market undertaken in 2012. It describes the key components of the 2012 reform and places them in the context of the evolution of labour market institutions in other OECD member countries, with a particular focus on collective bargaining and employment protection legislation. The report also assesses the impact of the reform on the ability
This report provides an initial evaluation of the comprehensive reform of the Spanish labour market undertaken in 2012. The report was commissioned to the OECD by the Spanish government and it complements the evaluation of the 2012 labour market reform undertaken by the Labour Ministry (Ministerio de Empleo y Seguridad Social (MEySS)) and presented in September 2013.
Spain has taken courageous steps to strengthen its labour market. Recent reforms have helped create jobs and should further boost competitiveness and employment in the years to come. But additional efforts are needed to boost competition in product markets and to improve assistance to job seekers, particularly young people, according to a new OECD report.
Two rounds of the Survey of Adult Skills are under way: Round 1 (2008-13) with 24 participating countries, whose results were released in October 2013, and Round 2 (2012-16) with 9 participating countries, whose results will be released in 2016. A third round is scheduled to begin in May 2014.