Rajoy’s aiming for 20 million in work


MARIANO Rajoy has one major aim during his term as Spanish Prime Minister: “to have 20 million people in work by the end of this legislature”, and, he says, Spain is heading in the right direction.

Rajoy was outlining his plans at the opening of the new Social Security integrated headquarters in Segovia, north-western Spain.

“Today is a good day for the Social Security system,” he said, and went on to describe the latest unemployment figures and National Insurance data as “very good”.

He added: “It was the best March ever in terms of employment … over 162,000 more people paying National Insurance into the Social Security system; over 600,000 when compared with March last year, and the reduction in unemployment is also very significant, with over 10% in the last year.”

Rajoy believes that permanent employment is the one figure which “encourages us to persevere”, and the number of permanent contracts has risen by 18%, with full-time employment contracts up by more than 20%.

The new, integrated headquarters of the Social Security system in Segovia is, said Rajoy, “a commitment to the future of one of the most highly-valued institutions in Spain”.

He added: “This institution represents both inter-generational solidarity (the National Insurance paid by workers guarantee current pensions) and inter-regional solidarity (the single-pot model guarantees the payment of pensions throughout the country.

“Spain has modern Social Security, with a system capable of paying over 9.5 million pensions, and managing over 40 different social benefits.”

But Rajoy said the recession led to the loss of 70bn euros from tax revenue. “By the end of 2017, the public authorities will again be receiving the same revenue as 10 years ago,” he stressed.

In spite of that revenue decline during the crisis, added the President of the Government: “Spending on pensions rose by 40bn  euros”. And Spain is able to maintain that spending while, at the same time, continuing to reduce the public deficit.”

Rajoy outlined the years of economic crisis, saying: “Three jobs were lost for each new pension paid out from the system, but that situation has now been reversed. “For each new pension paid out from the system, six jobs are being created.”

The key to maintaining the pension system is to sure there are more people in work, he said. “And, as things stand today, I am optimistic.”

The Prime Minister  also referred to the General State Budget, “drawn up with a view to maintaining the recovery”, which has been approved by the Council of Ministers. “Six out of every 10 euros will be dedicated to social spending,” he pledged.



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Posted by on Apr 21 2017. Filed under Local News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

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