This share prices have a 15 minute delay and are shown in the local time of the market in which the quote is displayed.
What are the most difficult job vacancies to fill in Spain?
The Adecco Group Institute has published the first Labor Market Needs Report, based on its own data and a survey of more than 27,000 companies, addressing some of the mismatches that currently hinder job creation. The report provides information on the most difficult vacancies to fill by sector and autonomous community and considers it relevant (especially in a country like Spain with an unemployment rate of 13.3% vs. 6.8% average in the Eurozone) to search for solutions to maximize employment and ensure the supply of professionals that the labor market demands at any given time.
Main points of the report:
- According to Eurostat data (Job Vacancy Statistics), Spain is the country with the lowest percentage of vacant jobs (0.7%) compared to the Eurozone (3.1%). This figure, which represents around 134,000 jobs according to official data for the first quarter of 2022, could be positive, if it were not for the fact that the unemployment rate in Spain doubles the Eurozone’s (one out of every five unemployed people in the UE resides in Spain).
- Thousands of vacancies in various sectors: The largest supply of jobs at the national level is in the economic activity of "Transport and storage".
- The most difficult profiles to fill at the national level are: "Mechanics and machinery adjusters" and workers specialized in electricity and electro-technology. In both cases:
- The most demanded skills are "teamwork" and “resolution”.
- and the most required level of training for both is "Higher Vocational Training".
- Bachelor's and master’s degrees are also important for profiles related to the physical sciences, chemistry, maths and engineering, as well as to information technology and health (nursing, other biomedical research professionals, etc.).
- Low salaries are not the only reason behind unfilled vacancies: there are also no candidates for industrial or construction jobs with salaries around 40,000 euros/year.
- The report is in favour of attracting talent from outside our country. It is desirable to bring in non-EU professionals in any of its options: regularizing and qualifying those who already reside de facto in Spain, facilitating recruitment in origin, and relaxing the criteria for inclusion in the catalogue of occupations that are difficult to fill.
Filter results
According to Kristalina Georgeva IMF Managing Director, lifting growth requires three things: one, regulatory housecleaning to unleash private enterprise; two, deeper regional integration; and three, preparedness to harness AI.
According to The European House – Ambrosetti, the European Union has an opportunity to boost competitiveness and growth by simplifying regulatory and supervisory frameworks, particularly in the areas of sustainability and the financial sector.
According to Ramón Casilda Béjar, Spain, in today’s complex geopolitical landscape, has the opportunity to strengthen its role as a bridge and connecting country between Ibero-America and the European Union, revitalizing investment flows in both directions.
According to @ECB, in moments of acute stress, the public often turns to physical currency as a reliable store of value and a resilient means of payment, underscoring the crucial role it plays above and beyond everyday transactional convenience
According to Juan S. Mora-Sanguinetti, in Spain a 10% increase in regulatory volume leads to a 0.5% drop in employment in companies with fewer than 10 employees.
According to Hélène Rey “In a world where stablecoins, particularly those pegged to the dollar, become an important global payment tool, we must brace ourselves for substantial consequences”.
@judith_arnal proposes reforms for the EU to advance regulatory simplification, starting with consensus on its meaning, with competitiveness as a pillar, plus coordination mechanisms and a governance rethink.
According to @iee_org, Spain has one of the most demanding tax environments for businesses within the European and international context, which may have significant implications for competitiveness, foreign investment attraction, and business expansion.
According to Christine Lagarde for the euro to gain in status, Europe must take decisive steps by completing the single market, reducing regulatory burdens and building a robust capital markets union.
According to the Bank of Spain, in a context of strong growth in transactions and prices, the conditions under which new mortgage loans are granted currently show no signs of easing in lending standards.
McKinsey notes that European private capital is half the size of the U.S. and must play a key role in boosting competitiveness, by driving innovation, scaling firms, and mobilizing the investment needed to close the gap with other regions.
IMF states that global financial stability risks have grown significantly, driven by tighter financial conditions and heightened trade and geopolitical uncertainty.