Yolanda Diaz Perez, Spain's deputy prime minister, advises UK Labour politicians to embody the success of Spain's radical labor reforms enacted in 2022. Despite initial pushback from various sectors, these reforms significantly reduced temporary contracts without raising unemployment while advancing workers' rights. Spain's unemployment dropped from 14% to 11%, illustrating the changes' effectiveness. The reforms also made a compelling case for migration. As the UK's employment rights bill progresses, Diaz's message emphasizes the need for courage to pursue progressive labor reforms to positively affect the economy.
We went through nine months of hell, literally. We had the press against it, academia, research centres... everybody said this was going to contribute to unemployment.
The message that I send to your government, to the unions, to [businesses], is that it is worth doing things differently.
In just six months the impact was immediately positive... Spain's unemployment rate has declined, from 14% at the start of 2022 to 11% at the end of last year.
The labour market performance has been exceptionally strong.
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