On November 3, 2008, the head of the Spanish government, Jose Luis Rodriguez Zapatero, presented a series of initiatives to abate unemployment, gone from 7.5% to 11.3% in ten months. Recruitment premium, incentive to start up a business, or even intervention of temporary work agencies in restructurings, are some of the measures included in this plan to boost the labor market. (Ref. 080851)
Here are some of the measures regarding employment:
- An annual €1.500 bonus for companies which recruit an unemployed person with a family;
- Incentives to companies which create jobs connected to research, innovation and renewable energy;
- Incentives to self-employment, offering unemployed people who present a start-up project to receive 60% of their benefits (instead of 40% currently);
- Recognizing temporary work agencies as placement and retraining agencies during restructurings.
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