Labour market reforms approved by Spanish cabinet

The video discusses a significant labor reform in the country, highlighting its importance and potential impact on labor legislation. It details changes to indefinite contracts, including indemnity terms and maximum monthly limits, while ensuring the protection of workers' acquired rights. The reform also addresses the urgent need to end indefinite chaining of temporary contracts, reinstating a prohibition on such practices beyond 24 months starting December 31, 2012.

What is the primary impact of the new labor reform?

• It will reduce working hours.

• It will mark a new era in labor legislation.

• It will eliminate unemployment.

• It will increase taxes.

What is the compensation for an indefinite contract under the new reform?

• 15 days per year worked

• 40 days per year worked

• 33 days per year worked

• 20 days per year worked

What is the maximum number of monthly payments for a procedural contract?

• 12 monthly payments

• 18 monthly payments

• 30 monthly payments

• 24 monthly payments

When will the prohibition of chaining temporary contracts beyond 24 months be reinstated?

• January 1, 2012

• December 31, 2012

• June 30, 2012

• March 1, 2012

What is the main change regarding temporary contracts?

• They will be abolished completely.

• They can be extended indefinitely.

• They will have a higher compensation.

• The chaining of temporary contracts indefinitely will end.