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Spain: Employment declined in 1Q19 for seasonal reasons, but less than expected

Thursday, April 25, 2019

Spain: Employment declined in 1Q19 for seasonal reasons, but less than expected

The recovery of the Labor market continued in 1Q19. The unfavorable seasonality led to a fall in Labor Force Survey employment of 93,500 people and an increase in the unemployment rate to 14.7%. After correcting this factor, quarterly employment grew by 0.8% and the unemployment rate fell to 14.0%.

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