Spanish young cooperators: an escape from the crisis

The unemployment and job insecurity figures among young Spaniards are chilling. Almost half of those aged between 16 and 29 years cannot find a job. This is not...

The unemployment and job insecurity figures among young Spaniards are chilling. Almost half of those aged between 16 and 29 years cannot find a job. This is not where it ends: the average wage among young people is 15,370 Euros per year, and 40% of the workers have jobs below their educational level. Juan Antonio Pedreño, president of the Spanish Confederation of Worker Cooperatives (COCETA) insists that while the rest of the companies are decreasing employment, in cooperatives the number of jobs is not only remaining the same but it is even increasing.


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