June 12, 2021

Ignacio Marco-Gardoqui: He looks at it from above


Madrid

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Yesterday things happened that explain the situation of unemployment, in general, and of youth in particular. They all coincide in highlighting the deep mistake we make when we think that the job market can be managed from an office, away from reality and without the real agents of the plot. The first was the study presented by the Bank of Spain in which it was stated that the 22% rise in the SMI In 2019 – an example of a decision taken from above, like the bombers with their bombs – it could cost the economy between 83,000 and 180,000 jobs. In it we can read statements as forceful as that “for each percentage point of rise in the SMI, there is

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