Deterioration of labor market
El País.com | Economía (29-Apr-2011)
Four communities have more than half of their young people unemployed
Unemployment among those under 25 years in Spain goes up to 45%, although four regions and Ceuta and Melilla have unemployment rates above 50%.
Four regions, plus Ceuta and Melilla, have more than half of the young unemployed. The lack of adequate training and the difficulties of start up businesses, which are the ones further pull the hiring of college, explains why Spain is the EU country with higher unemployment among those under 25 years. This burden is, according to experts, an excessive burden with a hight cost for society as a whole in terms of unused capital in the case of the seconds and problems to return to the labor market for the first ones. [+]