The President of the Government, Pedro Sánchez, has today committed to multinationals operating in Spain to achieve effective full employment through an improvement in “the capabilities and qualifications of workers.” The objective is, through new capabilities, to be able to fill job vacancies. To undertake this training work, the Chief Executive has raised special attention to the long-term unemployed, for whom he will propose an improvement in inventiveness.
Sánchez has advanced, in the first event with businessmen after the investiture, a new boost to Vocational Training (FP). In this sense, he has highlighted that, in the last five years, vocational training student places have grown by 40%, reaching around 1.2 million students today. Vocational training, and especially dual training, is the historical demand of multinationals in the face of their problems in finding workers who can meet their needs.
“In the last two years we have doubled the participation of workers in training actions, allocating 550 million for the accreditation of skills of workers without qualifications,” said the president.
Today Sánchez closed the Multinationals conference in Spain, a forum in which powerful companies such as Accenture, Amazon, Siemens, HSBC, Carrefour, Google, Meta, IBM and Ikea, among others, are present. The President of the Government has thanked them for their commitment to Spain. “It is a destination of excellence to invest in, in which it is worth trusting and believing,” he highlighted.
The business organization has turned ten years old and Sánchez wanted to remember the economic situation that Spain was going through when it was created, after the 2008 crisis. Now, he highlighted, the present and the forecasts are very different.
Sánchez has reviewed the economic roadmap of the Government that has just been formed and that has yet to resolve whether Nadia Calviño will continue to lead the First Vice Presidency.
In addition to effective full employment, Sánchez has proposed to multinationals the commitment to continue the path of reducing inflation and, especially with regard to companies, to continue cushioning energy prices. He has also highlighted the need to execute a sustainable fiscal policy, with the commitment to reduce the deficit to 3% by the end of the year, as well as public debt.
Completing the digitalization process, with a specific ministry headed by José Luis Escrivá, is another of the Government's objectives, Sánchez highlighted. To achieve this, it will be essential to deploy European funds, which will mobilize 163 billion. A “shot of public investment”, he has highlighted, which involves mobilizing 12% of the GDP. The Head of the Executive has also set the objective for Spain to continue increasing its role in the European and international sphere.
Finally, Sánchez highlighted that “Spain continues to generate confidence” in investors. For its economic growth, “above the EU, the Eurozone and the five largest European economies” and for its “solidity in the macroeconomic field.” “We have to continue working to make these predictions a reality,” he stated. “Spain has a clear roadmap,” he concluded.
