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July 2, 2016 04:00 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/jfcXaCf1NoE/spain-runs-out-of-workers-with-almost-5-million-unemployed
Spain Runs Out of Workers With Almost 5 Million Unemployed
An anonymous reader shares a Bloomberg report:Spanish headhunter Samuel Pimentel just can't find the candidates. After a frustrating search for specialist consultants for a client, he's given up and is casting his net elsewhere. "We were looking for people for two months," Pimentel, a partner at Ackermann Beaumont Group for Spain and Latin America, said in a telephone interview. "We managed to find one in Spain. We turned to Argentina for others." Pimentel's experience reflects a bizarre feature of the Spanish labor market that is hampering the country's efforts to repair the damage from the economic crisis. Even with close to 5 million people out of work, the next prime minister will face labor shortages with employers struggle to find the staff they need. "It's a paradox," said Valentin Bote, head of research in Spain at Randstad, a recruitment agency. "The unemployment rate is too high. Yet we're seeing some tension in the labor market because unemployed people don't have the skills employers demand."Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/jfcXaCf1NoE/spain-runs-out-of-workers-with-almost-5-million-unemployed
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