Does the Labour Market in Spain reflect current British trends? Can we account for any similarities and differences?
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Does the Labour Market in Spain reflect current British trends? Can we account for any similarities and differences? Many British labour trends are currently being reflected in Spain. However, there are many differences, which will be considered in the essay. Spain has an unemployment rate of 14.2%, one of the highest in the European Union (EU), where as UK's unemployment rate is 5.5%. Aznar's model for these changes are the measures introduced by Prime Minister Tony Blair in Britain. Labour markets need to be "flexible" to adapt to a higher intensity of workers and job flows. On 15 July, unemployment in Britain fell to its lowest rate since 1975. The number of people out of work and claiming welfare benefits dropped in June 5.6 percent. Prime Minister Tony Blair welcomed the figures, saying one million more people were now in work than when Labour comes to office in 1997. It was now...

