El mercado de trabajo en España: El contexto europeo, los dos viejos desafíos y un nuevo problema[The Spanish labour market: The European context, two old challenges and a new problem]

In this article, we focus on the outcomes of the Spanish labour market from a comparative perspective respect to other countries of the European Union. A descriptive analysis presents the main consequences of the latest crisis. We use these elements to understand the two biggest problems of the Spanish labour market (the huge waves of employment and unemployment, and the high unemployment rate in the long-term), jointly with the concerns on wage and income inequality for the next future. A final section concludes discussing about the design of structural reforms and changes in the Welfare State.