The Basque Country slows down job creation, without breaking its 2008 record

by time news

The labor reform slows down hiring although permanent contracts reach 30.5% and the increase in affiliates is 1,600, half that of the previous year

Ana Barandiaran

Euskadi has been on the verge of setting a historical employment record. It closed April with 982,490 contributors, just 445 below the maximum reached in July 2008, before the financial crisis broke out. The difference is negligible and shows that the Basque labor market has already recovered from the blows of the financial crisis.

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