- Resources
- BIPO TIMES
- Navigating the Labour Markets in Spain & Portugal
- March 2024
- Issue
Navigating the Labour Markets in Spain & Portugal
Spain and Portugal both have diverse labour markets with unique characteristics. In Spain, the labour market has historically faced challenges such as high unemployment rates, particularly among the youth. The country has implemented labour market reforms to address these issues, including changes to employment contracts and collective bargaining. Despite these efforts, the dual nature of the labour market, with a distinction between temporary and permanent contracts, has persisted. The service sector plays a significant role in Spain’s economy, and tourism is a major source of employment.
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