 Promoting the integration of young people in the world of work  Improving their situation in the labour market Today, of all the effects of the economic crisis, unemployment for young people is one of the most worrying. More than half the young people aged below 25 who want to work cannot find a job opportunity, and almost 35% of unemployed young People have been in this situation for over one year.

 Spain recorded an unemployment rate of 54.1% for young people aged under 25, as opposed to 23% for the EU-27.  High rate of early school leavers, double that of the EU-27.  High rate of temporary employment, with 82.3% of young people working involuntarily in temporary employment.  Poor employability among young people, especially regarding foreign language skills.  Need to raise the level of self-employment and entrepreneurial initiative among young people.  High levels of part-time employment, with 51% of young people in part-time employment wanting a full-time contract.

 To help improve the employability of young peope  To increase the quality and stability of youth employment  To promote equal opportunities  To promote entrepreneurship

15 early-impart or emercency measures LINES OF ACTION Education, training and improved employability Promotion of entrepreneurship and self-employment Improved mediation Incentives for hiring 85 medium to long-term measures to correct structural problems

Education, training and improved employability 1 2

Promotion of entrepreneurship and self-employment Young self-employed workers registering for the first time with the Special Regime for Self-Employed Workers (RETA) will have an 80% reduction during the first 6 months in the minimum contribution. (Contribution of about 50 € a month). For the next 6 months, they will receive a reduction amount of 50% and, after the first year, they will continue to enjoy a reduction and discount of about 30% in their contributions for the next 18 months. 3 4 This allows receipt of unemployment benefit for a maximum of 9 months while carrying out self-employed activity. 5 It will now be possible for those receiving unemployment benefit to capitalise it up to a lump sum of 100% in order to used by the new entrepreneur to acquire advisory services, training and information, and to cover the costs of setting up a new company.

Promotion of entrepreneurship and self-employment 6 to promote funding in the form of seed capital, microcredits, ‘angel funding’ and participating loans to facilitate the setting up of companies This allows workers to once again receive unemployment benefit after carrying out self-employed activity if, after a maximum of 5 years from the start of the self- employed activity, they drop out of the self-employed regime. 7 8 This is an incentive for open-ended employment which aims to encourage young self-employed workers to hire long-duration unemployed workers aged over 45 who can offer the experience they need to achieve business success. 9

The inclusion of under-30s will be encouraged in cooperatives, with a discount in the employer’s Social Security of 800 euros per year for a total of three years They have to reconcile the job with any type of training in languages or information and communication technologies 13 This is an incentive for open-ended employment allowing self-employed workers and micro-enterprises to take on unemployed young people aged under The reduction in the employer’s contribution to the Social Security will be 100% during the first year of the contract

14 An incentive is given for transforming the temporal contract into an open-ended contract in the form of 500 euros a year for a maximum of three years, or 700 euros if the party concerned is a woman. 15 The aim is to allow young people who have completed their training to gain their first work experience in the field of their qualification. There will be a reduction in the employer’s Social Security contribution of up to 50%.

 Provision for new measures: billion € estimated Of this, nearly 2.4 billion Euros are funds from the Central Government and over 1.1 billion Euros are from the ESF.

Contact: Patricia Mouro Tlfo: Mail: FOUNDATION RONSEL