Posts Tagged ‘gross domestic product growth’

Spain- The job creation machine

Wednesday, February 27th, 2008

By Maja Gojkovic

Spain in the last decade has been known as a ‘job creation machine’. In the last decade, Spain has generated more new jobs in comparison to the other original 15 members of the European Union. Spain has a Gross Domestic Product growth rate of 3.75% which has been very beneficial for the economy.

With the general election looming on 9 March, the Socialist government and the conservative opposition are trying to convince voters that they can keep the ‘job machine’ producing new employment even as Spain braces itself for an economic downturn.

The Socialist Party are promising to kick off a number of new public-works projects to create jobs and stop the economic downturn.