The country leads Europe both in the fear of being out of a job and in the confidence to quickly find another
The economic uncertainty caused by the war in Ukraine and the price crisis has affected workers so much that more than half of workers in Spain (56%) fear losing their jobs. This is the highest percentage in Europe and is 19 percentage points above the average, which is 37%, according to a study published Thursday by Randstad Research.
So it is necessary to cross the borders of the old continent to find a greater fear of job loss. So only workers from India (70%), Mexico (61%), Argentina and Brazil (both with 60%) outweigh the Spanish fear. On the contrary, this level is well below Spain in neighboring countries such as Italy (34%), the United Kingdom (28%) or France (24%).
But it is not the only pessimism among the working Spaniards, but they are also very incredulous about the possibilities of finding a job quickly in case the workers lose their current one. Only 43% are confident in finding a job quickly, seven percentage points below the average and internationally only above Italy (37%). Employees from the Netherlands (58%), the United States (56%), Germany (52%) or the United Kingdom (47%) are more optimistic.
Spaniards are also the Europeans most concerned about the current situation of economic uncertainty affecting their employment. This is the opinion of 73% of employees surveyed, 19 percentage points above the study average and surpassed globally only by India (80%), Mexico (77%) and Argentina (75%). In our area, this situation worries 41% of French workers, 40% of Germans or a third of the Dutch.
Job security is another concern of Spanish workers. 94% attach importance to stability when looking for a job, two percentage points of the world average (92%). The countries giving the most importance to this topic are India (97%), Mexico or Brazil (both with 96%), and the countries giving less importance are Japan (85%), Denmark (87%) and France (88 %)).
On the other hand, 85% of Spaniards, like the Germans, think that their current job gives them job security, one point less than the study average (86%). Italian (84%), French (83%) or Japanese (75%) employees feel less safe.
Source: La Verdad
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
