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Published on Tuesday, September 4, 2018 | Updated on Thursday, September 6, 2018

Spain | The recovery of the labour market continued to lose traction in August

Summary

Social Security registrations declined somewhat more than expected in August, although unemployment met expectations. Excluding seasonal factors, there was a slowdown in the rate of recovery: the number of Social Security registrations increased by 11,000 (2.9% YoY), 30,000 less than the 2Q18 average, and unemployment fell by 7,000 (-6% YoY).

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registros_laborales_ago18

Spanish - September 4, 2018

Authors

Juan Ramón García
Juan Ramón García Principal economist for Spain & Portugal
BBVA Research
More information
Camilo Ulloa
Camilo Ulloa Principal economist for Spain & Portugal
BBVA Research
More information

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