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The Spanish Minister for Employment underlines that cooperatives have shown a higher capacity to create and maintain jobs

28 April 2013 [ English ] français ]

Although more than six million people are unemployed in Spain, cooperatives have managed to not only maintain, but also increase the number of jobs by 7.2 percent in the third quarter of 2012. The Spanish Minister for Employment, Fátima Báñez has underlined that, during the crisis, cooperatives have shown a higher capacity to create and maintain jobs, especially among young people.

According to the Spanish Confederation of Workers Cooperatives (COCETA), employment figures in worker cooperatives doubled in the first half of 2012, compared to the previous year. Following on from the growth of cooperatives, the Spanish Ministry of Employment and Social Security has joined efforts with the Spanish Enterprise Confederation of the Social Economy (CEPES) to launch a strategy to boost entrepreneurship and youth employment.

The Ministry is seeking to encourage more young people to start their own social enterprises and cooperatives. According to COCETA, 80 per cent of those that form a cooperative have a permanent job, because they become members of that cooperative.

Sources:

El Economista

Empresa y trabajo

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Jobs in Spanish worker cooperatives increase despite the crisis (10/12/2012)