<story><title>Southern Europe Has Not Seen Net Job Creation in over a Decade</title><url>http://thesoundingline.com/southern-europe-has-not-seen-net-job-creation-in-over-a-decade/</url></story><parent_chain></parent_chain><comment><author>angarg12</author><text>Is not even an issue of number of jobs, but of quality of labor. 
Spain grew economically in the 70s and 80s because it was a developing country, and could provide cheap labor to neighboring countries. The growth in the 2000s came from a massive housing bubble that didn&amp;#x27;t end well for most involved.
As we became a developed country we didn&amp;#x27;t know how to reorient our economy. Now we are too expensive for cheap labor, which is relocating elsewhere, neither we are specialized or competitive enough to oppose other strong economies.
Some times I have evaluated the possibility of going back there and try to make a career in tech. It just takes a couple of conversations with locals to erase that idea from my mind. The country is not socially tailored to attract and retain highly skilled specialized workers, and sadly it&amp;#x27;s an issue that I don&amp;#x27;t hope to see changed in the future.</text></comment>
<story><title>Southern Europe Has Not Seen Net Job Creation in over a Decade</title><url>http://thesoundingline.com/southern-europe-has-not-seen-net-job-creation-in-over-a-decade/</url></story><parent_chain></parent_chain><comment><author>kbcool</author><text>Wow...about the same level of journalism&amp;#x2F;fact checking as expected these days....none.&lt;p&gt;Let&amp;#x27;s compare the workforce of countries with an ageing population and rapidly dropping net population with countries like Australia that are absorbing 250k immigrants per year into &amp;quot;self employed&amp;quot; (read: rich third worlder&amp;#x27;s buying a house and a passport) of course you&amp;#x27;re going come up with a figure like that.&lt;p&gt;Throw in some countries with massive populations who have also got an ageing population but have 20x the population of Portugal to make them look bad on absolute numbers and you have a winner. Of course a tiny change in employment is going to look amazeballs or on the other hand terrible.&lt;p&gt;The difference is..being in one of those countries right now but from the greedy nation of Australia is that sustainability is practised. It&amp;#x27;s not all about greed here. You don&amp;#x27;t need to destroy the planet to have a family here so seriously a big middle finger to anyone who thinks that Europe not growing is a &amp;quot;problem&amp;quot;.</text></comment>