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Spain produces Ph.D.s at levels comparable to other countries in its situation. However, a minimum percentage of these degree holders work in the private sector, which entails problems for funding research. This is one of the conclusions of the study El empleo de los doctores en España y su relación con la I+D+i y los estudios de doctorado (Employment of Ph.D.s in Spain and its relation to R+D+I and doctoral studies),carried out by professors at the Universidad Carlos III de Madrid (UC3M) and promoted by the Conference of Social Councils.
