At the end of 2013, the Spanish Government passed the Royal Decree-Law 16/2013, December 20th, on measures to favour the stable employment and improve the employability of employees. This is yet another amendment to the Labour and Social Security legislation within the framework of the reforms marathon that began in 2012.
The number of unemployed in Portugal recently fell for the fifth consecutive month, according to the latest figures published by Eurostat, with the unemployment rate standing at 16.5 percent of the labour force in July 2013.
Last year, Portugal wanted to increase the flexibility of its employment regulations and by doing so would correspondingly increase its competitiveness. A year later some labour law reforms have been approved, mainly related to the
In 2012, the Spanish Labour Law Reform modified both methods of redundancy and internal flexibility. However, companies in crisis are not always aware of the most adequate measures available to help them surpass their current difficulties.
Prior to the recent Labour Law reform, all documents and procedural formalities in a mass dismissal were only of relative importance, as the objective of a staff reduction was to reach an agreement with the
The third amendment to the Portuguese Labour Code, under the Memorandum of Understanding (MoU) with the Troika, is intended to lead to a new labour system that allows greater flexibility and growth.
The unemployment rate in Portugal was around 15% in early September 2012, which means that by now there are more than 800,000 unemployed.
In 1930, John Maynard Keynes said that, at the beginning of the 21st century, we would work around 15 to 21 hours per week and we would live on half of our actual income. Therefore, we would not
Portugal is seen as having one of the most rigid European legislations on labour and employment, something that is often used as an excuse for the country’s lack of competitiveness.Portugal’s bailout has
On February 10th, 2012, the Cabinet approved Royal Decree-Law nº 3/2012 regarding urgent measures to reform the Spanish labour market. In the short-term, the primary objective is to slow the pace of the job losses in Spain,