The CES presents Socioeconomic Report 2023: reflections on the Spanish reality

The Economic and Social Council (CES) has recently released its 2023 Socioeconomic and Labor Report, a document that stands out for addressing aspects of the Spanish reality beyond the economy and the labor market, the result of consensus among 60 councilors representing various organizations. In this context, important reflections emerge that invite us to analyze the current situation of the country. Firstly, it is highlighted that the Spanish economy has maintained its growth path, with a GDP growing at 2.5% and a solid job creation. However, this "economic spring" does not reach everyone equally, as inequality and poverty continue to rise. Despite the apparent economic prosperity, there is still a high number of unemployed people actively seeking work, highlighting the need for specific policies to address this issue. On the other hand, the CES Report points out a structural change in the economy and employment in Spain. Historically marked by cycles of growth followed by prolonged recessions, the Spanish economy now shows signs of stability and sustained growth. This structural change is also reflected in the composition of employment, suggesting a positive evolution in the labor market. However, this change could be threatened by the shortage of affordable housing, which impacts both the social and economic spheres. The lack of access to housing limits labor mobility, reduces families' disposable income, and hinders consumption, which in turn could affect long-term economic growth if effective measures are not taken to address this issue. Regarding the causes of this "economic spring", the response of economic policy during the pandemic crisis is highlighted, which was different from that applied during the 2008 financial crisis. The adoption of measures such as temporary layoffs (ERTE) helped contain the effects of the recession and maintain the confidence of families and businesses. Likewise, social dialogue between political and social actors has been crucial in reaching agreements such as the Agreement for Employment and Collective Bargaining (AENC), which has allowed for the recovery of wages and economic stability. In this context, it is crucial to focus on the most vulnerable groups in society, such as children in poverty, long-term unemployed individuals, and those facing difficulties in accessing decent housing. The eradication of poverty and the improvement of living conditions are not only social justice issues but also requirements to boost efficiency and dynamism in the economy in the long term. In conclusion, the "economic spring" that Spain is experiencing does not reach all sectors of society in the same way. It is necessary to continue working on inclusive policies that ensure equitable and sustainable growth, seizing this moment of prosperity to drive structural changes that benefit the entire population. Collaboration among different social and political actors will be key to building a more prosperous and just future for all.