The Government of Spain's good news: Unemployment, which stood at 14.1 % in November 2021, with youth unemployment at a staggering 29.5%, dropped from its 15-year perch of plus-three million jobless to 2.92 million in May 2022. Prime Minister Pedro Sanchez and Labor Minister Yolanda Diaz are elated about the startling phenomenon. Opposition leader Alberto Nuñez Feijóo has accused the Government of massaging the figures.
At stake during the ratification of Spain's Labor Reform were the European Union's pandemic reconstruction funds -- the NGEU and MFF packages -- projected to reach €1824.3 billion, and the remedy for the precarious labor situation in Spain due to the structural anomaly in hiring.
At a minimum, there seems to be a willingness among business and labor to work together in order to overcome the extreme social and economic difficulties brought about by the coronavirus pandemic in Spain and in the Eropean Union.