Post by account_disabled on Feb 21, 2024 23:28:18 GMT -6
The data on job hiring and registered unemployment that have just been published are very good, although it will not be surprising if the right criticizes it in the next few hours, since nothing ever seems right if it is the result of a progressive government. As discussed in more detail in another article , recorded unemployment is the lowest since 2008; The highest number of permanent contracts has been signed since with a proportion of the total almost five times greater than before the labor reform; and for the first time,million contracts are exceeded. These good records are not the result of a single circumstance. Without a doubt, the government's labor reform, which had been so criticized, has had an influence. But also his management of the pandemic that prevented the collapse of thousands of companies thanks to the protection of the ERTES and the aid of all kinds that was received. The fiscal policy that has allowed income to increase without posing an excessive burden on productive activity must have helped; and the positive effect of the change in orientation in the European Union cannot be denied, by implementing more realistic and less mistaken policies than in the previous financial crisis.
And, of course, it seems to me that the new climate of dialogue, negotiation and social agreements that the Pedro Sánchez government is managing to establish with the Minister of Labor , Yolanda Díaz , in charge of the matter, must have been decisive . The proper functioning of the labor market is demonstrating, once again, that the liberal theses are not true, since Costa Rica WhatsApp Number employment is being created without the need to produce the exaggerated salary devaluation of other stages. The last danger is no less important and comes from the social fragmentation that is occurring in Spain. On the contrary, it is thanks to the maintenance of demand, guaranteed by fiscal and employment policies, that is providing income that is converted into sales and profits for companies and, consequently, more investment and jobs. The business leadership should take note of reality and the government should not lower its guard and continue protecting productive activity as much as possible, ignoring those who only seek to obtain extraordinary benefits through salary cuts that, in reality, harm the entire business community. . However, the good news regarding employment should not hide the fact that our economy remains in a risk zone as a result of dangers that, in my opinion, come from four fronts.
First of all, energy. Although positive steps have been taken in Brussels, the electricity oligopoly has not stopped and is managing to block part of its beneficial effect. High energy prices as a result of the poor functioning of the market are posing an unparalleled burden on economic recovery, so the government must redouble its efforts, not only regulatory, but also political and social, to subdue those who, based on accumulating brutal political influence from their privileged positions in the market, they have become a true cancer for the Spanish economy. The second danger comes from something that is not fully recognized because international institutions do not know how to deal with it. I am referring to the supply crisis that will continue to cause blockages in supplies for a long time and, as a consequence, a profound restructuring of the global industry. The government should address the design and implementation of a national reindustrialization strategy that has short-term effects. If it is done quickly, with State agreements and success, Spain will have a unique opportunity before it; If, on the contrary, we miss the train, we will inevitably enter a stage of accelerated impoverishment.
And, of course, it seems to me that the new climate of dialogue, negotiation and social agreements that the Pedro Sánchez government is managing to establish with the Minister of Labor , Yolanda Díaz , in charge of the matter, must have been decisive . The proper functioning of the labor market is demonstrating, once again, that the liberal theses are not true, since Costa Rica WhatsApp Number employment is being created without the need to produce the exaggerated salary devaluation of other stages. The last danger is no less important and comes from the social fragmentation that is occurring in Spain. On the contrary, it is thanks to the maintenance of demand, guaranteed by fiscal and employment policies, that is providing income that is converted into sales and profits for companies and, consequently, more investment and jobs. The business leadership should take note of reality and the government should not lower its guard and continue protecting productive activity as much as possible, ignoring those who only seek to obtain extraordinary benefits through salary cuts that, in reality, harm the entire business community. . However, the good news regarding employment should not hide the fact that our economy remains in a risk zone as a result of dangers that, in my opinion, come from four fronts.
First of all, energy. Although positive steps have been taken in Brussels, the electricity oligopoly has not stopped and is managing to block part of its beneficial effect. High energy prices as a result of the poor functioning of the market are posing an unparalleled burden on economic recovery, so the government must redouble its efforts, not only regulatory, but also political and social, to subdue those who, based on accumulating brutal political influence from their privileged positions in the market, they have become a true cancer for the Spanish economy. The second danger comes from something that is not fully recognized because international institutions do not know how to deal with it. I am referring to the supply crisis that will continue to cause blockages in supplies for a long time and, as a consequence, a profound restructuring of the global industry. The government should address the design and implementation of a national reindustrialization strategy that has short-term effects. If it is done quickly, with State agreements and success, Spain will have a unique opportunity before it; If, on the contrary, we miss the train, we will inevitably enter a stage of accelerated impoverishment.