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Does the labour market in Spain reflect current British trends Can we account for any similarities differences The trends in the Spanish labour market look more like the ones Britain had around 20 years ago than the ones Britain is experiencing just now Spain has been much more undeveloped than Britain and has there-fore had to find other ways in how to incorporate itself to the rest of the European Union something that is happening faster and faster particularly thanks to Aznars political and economic reforms However Spain has a lot of work to do before it can match Britain especially by improving its legislation system and by getting rid of its huge unemployment Britain has a good economy with a 32 GDP growth and is developing more and more flexibility in the form of part-time flexitime telecommuting temporary work etc Also many women are entering the workforce Todays Britain has an unemployment rate of 55 that is far below the Spanish Unemployment in Spain is the highest in the whole EU 1397 yet it has fallen below 14 for the first time since almost 20 years It is only since Aznar become president that the unemployment in Spain really began to go down In 1997 unemployment was above 20 and even higher the years before This em-ployment growth is being motivated by several reasons such as the GDP growth 42 this year that is the second highest in EU after Belgium and much higher than Britains 32 This is evidence that con-firms that Spain is getting better but it seems that the economic growth is beginning to slow down Other reasons for more employment are without doubt the reforms that have been made to the labour market since Aznars party acquired the power premature retirement from the labour force the low birth rate and geographical mismatch More about these will be analysed below Spain has a very inefficient
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