In 2009 Spain ranked 6th (out of 133) in the overall rankings, but in 2011 slipped to 8th, and like Australia (9th and 13th) are heading in the wrong direction.
Neither country has invested in developing it’s own labour, relying on imported short term resources, and it appears that they are now paying the price as this mobile workforce migrate towards more lucrative (and secure) countries, leaving what jobs there are to the under skilled and under trained locals.
You can read the full post I wrote for Campaya here
This post is sponsored by www.campaya.co.uk the premier site for all your holiday rentals, holiday homes and holiday apartments across the world.