Spanish Recovery Sees Job Creation Tracking Growth: Chart

Job creation in Spain continued to mirror output growth in the first quarter as the battered labor market heals, data published Thursday show. The government introduced a controversial labor bill in 2012 that made it easier for employers to fire staff. While opponents argue the reform is reducing workers’ rights, the caretaker government led by Mariano Rajoy credits it for providing flexibility and tackling one of the highest jobless rates in Europe.

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