Abstract: The aim of this paper is to provide an empirical
evidence about the effects that the management of continuous
training have on employability (or employment stability) in the
Spanish labour market. With this purpose a binary logit model with
interaction effect is been used. The dependent variable includes two
situations of the active workers: continuous and discontinuous
employability. To distinguish between them an Employability Index
Stability (ESI) was calculated taking into account two factors: time
worked and job security. Various aspects of the continuous training
and personal workers data are used as independent variables. The
data obtained from a survey of a sample of 918 employed have
revealed a relationship between the likelihood of continuous
employability and continuous training received. The empirical results
support the positive and significant relationship between various
aspects of the training provided by firms and employability
likelihood of the workers, postulate alike from a theoretical point of
view.