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Excluding positive seasonality, both employment (0.4% QoQ) and hours worked (0.5% QoQ) increased, but at a slower pace than Social Security affiliation (0.8% QoQ). Additionally, both the temporary employment rate and the unemployment rate dropped (to 15.9% and 11.6%, respectively).
In 2025, the Galician economy could report a 6.4% increase in GDP per capita when compared with 2019, the largest advance within Spain. This brings the autonomous region one step closer to converge with the country as a whole.
Since 2021 housing starts have been lower than homes created. Factors that could limit housing supply include a shortage of land ready to start new developments, regulatory uncertainty and labor shortages. Measures are needed to boost residenti…
The housing shortage is a complex problem, which is the subject of increasing attention and justified social, economic and political concern. Large segments of the population suffer from difficulties in accessing residential rental housing or h…
Catalonia's GDP could increase by 2.6% in 2024 and 2.1% in 2025, which would allow 192,000 new jobs to be created in the region in the two-year period.
The labor productivity gap between Spain and the eurozone has expanded over the past decade, despite higher gains in value added per hour and per worker in Spain since 2022.
Spain faces two problems hindering its per capita income convergence toward the EU level: unemployment and low productivity growth.
The GDP of Madrid could increase by 2.9% in 2024 and 2.1% in 2025, which would allow the creation of 183,000 new jobs in the region over the biennium.
By the end of 2024, the public deficit is expected to finish at levels similar to those of 2019. However, this apparent similarity hides profound differences in the composition of revenues and expenses.
In this publication you will find, on a weekly basis, our selection of the most relevant news regarding financial regulation.
Reducing the work week is laudable, but how we go about it is key to achieving the desired effects. Collective bargaining is the ideal instrument to adapt the needs of companies and workers to each business and sectoral reality, in an effective and flexible manner.
Cantabria will advance in the process of convergence in GDP per capita, and in 2025, the regional GDP could exceed the pre-crisis level by 7%.
