The Spanish government will allocate 1,030 million euros in 2015 and 2016 to a program of aid to long-term unemployed who have exhausted their unemployment benefits, said Friday his vice president, Soraya Sáenz de Santamaría.
The government approved an “agreement that extraordinary credit is allowed for the budget of public service state employment to fund economic aid to accompany the activation program to Employment” said Saenz de Santamaria in the traditional press conference following the weekly Cabinet.
“For this exercise is forecast budget of 850 million euros and 180 for 2016, ie having an overall support of more than 1,000 million,” added the spokesman executive .
Spain suffers from an unemployment rate of 23.7% of the workforce and 60% of those unemployed are long-term unemployed (more than a year without work).
The program in question, agreed by the government with the social partners in December, will allow these long-term employees who have exhausted their unemployment benefits and dependents, receive aid of 426 euros for six months.
The program will benefit “to more than 400,000 Spanish long-term unemployed and family responsibilities, which are the most difficulty returning to the labor market,” he said in January the Labor Minister Fatima Banez.
The unemployed can reconcile until five months perception that aid with the performance of work, but the employer will deduct that amount from the salary.
The program came into effect on 15 January to April 15, 2016
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