The duration of contracts falls to 45 days after the labor reform and the 'inactive' fixed-term workers soar by 78%

The labor reform in Spain has reduced temporary contracts but failed to eliminate job insecurity. Despite a rise in permanent contracts, the average contract duration has decreased. The number of inactive permanent workers has surged, highlighting ongoing issues in the labor market. The report indicates a high turnover rate and a significant number of short-term contracts. Additionally, unemployment persists, particularly among older workers, and there is a notable increase in multiple jobholders. The decline in purchasing power further complicates the situation, with wage increases lagging behind inflation.