Though Spain still holds a big advantage in labor productivity over an up-and-coming country like South Korea, the gap is closing.

虽然与新兴国家如韩国相比，西班牙的每小时劳动生产率仍然领先，但是差距一直在缩小。

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Spain is grappling with a 20% unemployment rate amid the collapse of its labor-intensive construction industry.

西班牙劳动力密集型的建筑业崩溃，导致目前失业率高达20%。

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According to the OECD, Spain's labor costs have dropped almost 5% percent from 2009 to 2012.

CNN: Auto industry revs up recovery on Spain

Ford, Renault and Volkswagen have all decided to expand production in Spain because of cheaper labor costs.

CNN: Auto industry revs up recovery on Spain

If the troubled labor markets of Latvia, Spain and Ireland want to see their economies recover, they should look to Norway for guidance, suggests Scarpetta.

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