Spain is the fourth country in the world in terms of talent

Spain obtained a score of 6.5 out of ten in the 2016 Global Skills Index which identifies talent through a series of seven key points. Spain's score has fallen one position since the 2015 index but it is still in fourth place ahead of Germany, United Kingdom and FrancThe top three are Sweden (7 points), United States (6.4) and Luxembourg (6.5), which has improved its results since the last report when it came eighth.

Europe's predominance was clear in 2016, when it had six countries in the top ten of the ranking, while two were from the Americas and one from Asia. Spain's position is particularly commendable, as it is still among the top five in spite of the arrival of two new countries in the ranking.

A new development in this edition is the inclusion of two more countries in the study, United Arab Emirates and Malaysia, taking the total states analyzed to 33. The geographic scope of the research covers 18 European countries, representing 54.55% of the total; seven countries in Asia, accounting for 21.21%; six countries in the Americas and two in Oceania.

Spanish companies are facing a serious labor problem in obtaining talent for vacant positions. This is one of the seven indicators the consulting firm HAYS uses for the research, under the heading “Talent Mistmatch”; that is, the skills companies are seeking, compared to the skills available in the labor market.

Spain is in an intermediate position with regard to “Labor Market Flexibility”, which corresponds to the role of governments in how labor functions. This is a good outcome compared to other neighboring countries such as France (8.2), Germany (6.7) and the United Kingdom (6.1), so the Spanish Government is doing more than other countries to reduce bureaucracy and adapt its laws to attract foreign talent.

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