Spain: two million open term contracts were signed since the reform of the labor market

One year after the agreement between the government and social partners for the reform of the labor market was signed, two million open term contracts were signed, according to the figures given by the Ministry of Labor and Social Affairs. (Ref. 070450)
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The measures jointly agreed to between managers and unions in May 2006 came into effect under the shape of a decree law passed on July 1, 2006. The pact known as “agreement for employment’s improvement and growth,” includes a series of measures to try to overcome the labor market’s main unbalances, notably the high precariousness rate – which concerns one third of jobs in Spain. The Ministry of Labor has just presented a balance sheet, only just one year after the agreement was signed. Accordin

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