Foreign Policy Blogs

Spain’s Educated Youth Bound for Chile

Mileuristas are 20-something Spaniards who, beyond the current economic crisis, also face a labor market oversaturated with qualified candidates. Despite impressive CVs—many are bilingual and possess graduate degrees—mileuristas can’t earn more than 1,000 euros a month. Hence, they’re forced to live with their parents and, in general, put life plans on hold until they can finagle a full-time job with benefits.

Increasingly, they’re flocking to Latin America, especially Chile.  Between 2007 and 2011, according to an article published on AméricaEconomía, the flow of Spanish professional to Chile rose 92%. It’s a good match, as Chile’s fast-growing economy relies on thriving mining, energy and technology industries, which, in turn, require droves of engineers and IT technicians.

 

Author

Sean Goforth
Sean Goforth

Sean H. Goforth is a graduate of the University of North Carolina-Chapel Hill and the School of Foreign Service at Georgetown University. His research focuses on Latin American political economy and international trade. Sean is the author of Axis of Unity: Venezuela, Iran & the Threat to America.

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