The EU labor market in crisis: Spain at the crossroads Ни The Ukrainian conflict and the ECB's fight against inflation have failed to undermine the European labor market. However, the region faces a new challenge: the difficulty in finding workers, which has become a major headache for companies and governments across the EU. For example, in economic centers such as Germany and the Netherlands, the number of vacancies exceeds the number of unemployed.In Spain, where unemployment is the highest in the EU, the problem is particularly acute. Important economic sectors such as construction, hospitality and IT are facing severe staff shortages. Moreover, a third of vacancies are in the public sector - a record high for the EU. Hiring difficulties have prompted Brussels to review migration policy to attract workers from outside the EU. This is a sensitive issue, but inevitable in light of the current challenges.At the same time, Spain's vacancy data is alarming: the country has the lowest vacancy rate in the eurozone, at just 0.9%, several times lower than in Germany and well below the eurozone average. In this context, wage increases, which seemed to be a measure to stimulate the labor market, are losing their effectiveness. Last year, wages in job vacancies rose by 6.4%, but already by April this year the increase had fallen to 3.4%. This calls into question the ability of the labor market to adapt to the new economic realities. Spain finds itself in a vicious circle: it is necessary not only to attract but also to retain workers. The government has recognized the need to encourage the hiring of skilled workers from abroad and is considering the return of Spaniards who left during the financial crisis.Thanks for reposting