{"id":5223,"date":"2017-04-05T18:30:19","date_gmt":"2017-04-05T16:30:19","guid":{"rendered":"http:\/\/www.youthemploymentdecade.org\/?p=5223"},"modified":"2017-04-05T18:30:19","modified_gmt":"2017-04-05T16:30:19","slug":"the-desire-to-open-business-is-falling-among-spanish-millennials","status":"publish","type":"post","link":"http:\/\/www.youthemploymentdecade.org\/en\/repor\/the-desire-to-open-business-is-falling-among-spanish-millennials\/","title":{"rendered":"The desire to open a business is falling among Spanish \u201cMillennials\u201d"},"content":{"rendered":"<p><\/p>\n<p align=\"justify\"><span style=\"color: #1a1a1a;\"><span style=\"font-family: 'Times New Roman', serif;\"><span style=\"font-size: large;\"><i>The Third Young Business Talents Report reveals that young people prefer to be employed and, if possible, by an important private organisation<\/i><\/span><\/span><\/span><\/p>\n<p align=\"justify\"><span style=\"color: #1a1a1a;\"><span style=\"font-family: 'Times New Roman', serif;\"><span style=\"font-size: large;\">However much the <strong>self-employment model<\/strong> is permeating new generations, who are tied hand and foot by the crisis, a lot remains to be done if the <strong>spirit of entrepreneur<\/strong> is to become their priority option. The <strong>Third YBT Report &#8211; Young Business Talents<\/strong> &#8211; reveals that Spanish youths prefer to work subjected to the oligarchy of an important private organisation. Neither do they discard the possibility of taking exams to work as civil servants, but, on the other hand, the possibility of becoming entrepreneurs, which they considered their main option last year, has now fallen into second place. <strong>36.09%<\/strong> of pre-university students interviewed would like to become businessmen and businesswomen in the near future, <strong>12.83%<\/strong> less than last year.<\/span><\/span><\/span><\/p>\n<p align=\"justify\"><span style=\"color: #1a1a1a;\"><span style=\"font-family: 'Times New Roman', serif;\"><span style=\"font-size: large;\">According to data taken from this research &#8211; which belongs to<\/span><\/span><\/span><span style=\"color: #000000;\"><span style=\"font-family: 'Times New Roman', serif;\"><span style=\"font-size: large;\"> the corporate social responsibility programmes promoted by ESIC Business &amp; Marketing School, the University of Granada and the company Praxis MMT &#8211; <strong>37.92%<\/strong> of young people consider that working for a company in the private sector is a better option for their future professional careers. <\/span><\/span><\/span><span style=\"color: #1a1a1a;\"><span style=\"font-family: 'Times New Roman', serif;\"><span style=\"font-size: large;\">However, the percentage of students who would like to become civil servants remains constant at <strong>25%.<\/strong><\/span><\/span><\/span><\/p>\n<p align=\"justify\"><span style=\"color: #000000;\"><span style=\"font-family: 'Times New Roman', serif;\"><span style=\"font-size: large;\">The promoters of this report are trying to \u201cidentify the attitudes and trends\u201d of young Spanish pre-university students, and \u201cdiscover the most relevant issues that may affect their professional future\u201d with a view to \u201chelping young people and their families to improve and expand their perspectives\u201d. The results submitted have short and long term significance, \u201cin the sense that they may imply the need to introduce changes in the way educational and social needs are addressed\u201d, they say.<\/span><\/span><\/span><\/p>\n<p align=\"justify\"><span style=\"color: #000000;\"><span style=\"font-family: 'Times New Roman', serif;\"><span style=\"font-size: large;\"><b>42.9% Unemployment Rate<\/b><\/span><\/span><\/span><\/p>\n<p align=\"justify\"><span style=\"color: #000000;\"><span style=\"font-family: 'Times New Roman', serif;\"><span style=\"font-size: large;\">The current unemployment rate among Spanish Millennial stands at <strong>42.9%<\/strong>. Only 4 out of 10 young people have a job. Furthermore, those who are employed are working in conditions imposed by the current labour market, affected by unstable, temporary, and low-quality jobs. However, the high Social Security payments self-employed people must make in Spain, far higher than in other countries, and the risks and responsibilities of opening your own business and making it a success are the main causes that are discouraging them and making them turn to the traditional model of working for a company. However, if possible, a large and well-established company that can offer them assurances regarding quality and stability.<\/span><\/span><\/span><\/p>\n<p align=\"justify\"><span style=\"color: #000000;\"><span style=\"font-family: 'Times New Roman', serif;\"><span style=\"font-size: large;\">The entrepreneur culture is more deeply rooted in other countries. <strong>46.47%<\/strong> of young Portuguese want to open their own companies. In Greece, the percentage stands at <strong>48.09%<\/strong>. However, Mexico is the country with the highest level of youth entrepreneurship (<strong>65.30%<\/strong>).<\/span><\/span><\/span><span style=\"color: #1a1a1a;\"><span style=\"font-family: 'Times New Roman', serif;\"><span style=\"font-size: large;\"> In Spain, we are talking about <strong>36.09%<\/strong>, despite the Government\u2019s attempts, which include reductions in Social Security payments for new self-employed people, the intention to encourage entrepreneurship as a miraculous cure capable of reducing national unemployment, and the forced migration of young talents.<\/span><\/span><\/span><\/p>\n<p align=\"justify\"><span style=\"color: #1a1a1a;\"><span style=\"font-family: 'Times New Roman', serif;\"><span style=\"font-size: large;\">To date, <strong>the profile of an entrepreneur in Spain<\/strong> is still that of <strong>a man aged around 40<\/strong> who has previously worked for several companies. Nevertheless, there are more and more \u201cstartups\u201d launched by young people who have decided to embark on this adventure; especially those that specialise in marketing, communications, IT, and developing innovative technologies.<\/span><\/span><\/span><\/p>\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>The Third Young Business Talents Report reveals that young people prefer to be employed and, if possible, by an important private organisation However much the &#8230;<\/p>\n","protected":false},"author":13,"featured_media":5227,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[10],"tags":[142,252,18,152,114,41,16,126],"class_list":["post-5223","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-repor","tag-employment","tag-emprendedores","tag-emprendimiento-entrepeneur","tag-entrepreneurs","tag-entrepreneurship","tag-jovenes","tag-trabajo-job-work","tag-youth"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - 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