Spain's Economy Minister said on Wednesday that job creation in 2014 would be "significant" as a tentative economic recovery kicks in, but a poll showed most Spaniards do not expect any clear improvement until 2015. "2014 will see the net creation of jobs, higher even than we predicted in September in the budget, and the jobless rate will fall," Luis de Guindos told Cadena Ser national radio, declining to put a number on expected jobs created. Spain exited a recession in the third quarter of last year but the economy is still sickly and with unemployment officially predicted at 25.9 percent in 2014, roughly where it is now, there is little perception of a real recovery on the streets. The center-right government decreed a labor market reform in late December to encourage employers to take on more part-time workers and to simplify contracting in hopes of fuelling job creation.
via Business News - Yahoo Finance http://finance.yahoo.com/news/spains-economy-minister-sees-significant-124502980.html
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