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— - 1 El País - 1 Maspalomas - 1 ross - 1 ona - 1
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Maspalomas Gran El London las
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Service - 1 Canary - 1 Gran Canaria - 1 Business - 1

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☆ People with shovels descended on a protected sand dune after influencers said they'd buried $1,000 in a suitcase there
  + stars: | 2024-02-27 | by ( Mia Jankowicz | ) www.businessinsider.com   time to read: +2 min
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe organizers of a Canary Islands music festival have been fined after a promotional stunt saw dozens of people trying to find a suitcase with 1,000 euros, about $1,085, buried in a protected sand dune, according to local reports. The event aimed to create buzz around the DN7 Festival, set to be held in March at a stadium in Maspalomas, a tourist resort on Gran Canaria, El País reported. The dunes are considered a special natural reserve with "incalculable ecological value," according to the official tourism website for the island. Even so, Gran Canaria said it was fining the festival roughly $650 for breaking the rules, according to the outlet.
Persons: —, El País, Maspalomas, ross, ona Organizations: Service, Canary, Gran Canaria, Business Locations: Maspalomas, Gran, El, London, las
☆ Youth in Spain see jobs gain after years of instability
  + stars: | 2022-12-19 | by ( Belén Carreño | ) www.reuters.com   time to read: +5 min
Youth unemployment rates that reached more than 55% in the years after the financial crisis fell to 31% in the third quarter - against an overall unemployment rate of 12.6%, according to the National Statistics Office, INE. Youth unemployment is a chronic problem in southern European countries. Greece, whose rates of youth unemployment are similar to Spain's, wants to reduce its youth unemployment rate to 18% by 2030 and is introducing subsidies for pension and health fund costs to reduce labour costs, as well as special training programmes. Previously, employers used temporary contracts as a safety net in times of crisis. Before the labour reform, the rate of temporary contracts, which in the last decade has been around 25% of all jobs, resulted in a high turnover of jobs, inflating the overall unemployment rate.
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