• Fernández Toxo says it will take until 2021 to return to pre-crisis job levels
• Says anemic recovery built on ‘highly unstable and precarious’ new jobs
The general secretary of the Comisiones Obreras labor federation (CCOO, or Workers’ Commissions) has called figures showing a drop in Spanish unemployment for the month of December a “presentable” showing, but still insufficient and showing signs of a precarious recovery in Spain’s economy.
According to CCOO leader Ignacio Fernández Toxo, the reduction in the number of people registered for social security benefits is positive, but a closer look at the numbers shows “the worst figures recorded since 2012 (with) Spain growing, but with fewer jobs.”
Toxo said that at the current rate of job creation, it will take another six years until 2021 to return to the job levels of 2007, prior to the onset of Spain’s economic crisis. The jobs that currently are being created are “highly unstable and precarious,” he added.
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