Friday, October 12, 2012

Blog #6 Corey Sitton

http://www.nytimes.com/2012/04/29/world/europe/germany-looks-to-southern-europe-to-fill-jobs.html?pagewanted=all&_r=0

In this article, we see the common problem of what happens when a countries economy goes under. Spain, dealing with high unemployment rates of 24.4%, is loosing their highly trained and qualified employees for one reason...There is no work for them. Remarks about how much it costs to train one employee really show how much Spain is loosing when their workers go to another country for a job.  Germany, who is starving to higher people due to their economic boom and high  growth rate, needs these employees, and there are not enough of them in Germany. Hiring Employees from a country whos economic situation is in poor shape seems like a good idea, and it is for Germany. However, for Spain, it is only a good thing temporarilly. Workers leaving the country to find work elsewhere helps the starvation for jobs in Spain temporarilly. Many of the workers who leave are expected to return, in percentages of about 90%. However, The highly trained and educated employees who make a life out of working in Germany my not return. That means, when Spain finds its feet again in the economy, they will have to spend more money and more time training new employees, which caused production to go down. Also, If Germany is excelling in engineering now, contracts are being made, along with business friendships and long lasting work promises. Spain is left in the dust while Germany uses their workers to take jobs. If Spain finds the economy soon, Germany will already have a sound footing and have their names out there with all of the companies needing their work services. It is not a good position for Spain either way, except for the fact that their work crisis is being helped temporarily. It is interesting to see the Spainiards adapt to life in Germany. If they can adapt and become comftorable in their work environment, many of them may make a more stable and permanant home in Germany, which would be expecially bad for Spain, depending on percentages.

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