Employment latest publications
Economic activity grew 11.8% year-on-year in August, still a high rate due to a low comparison base. A comparison of the 2021 figures with those of 2019 (pre-health-crisis situation) shows that activity grew 1.6% in August (July: 0.4%)
Economic activity grew 12.9% year-on-year in July, a still high rate due to a low comparison base. In an analysis that compares the GDP figures for 2021 with those for 2019 (a pre-health crisis situation), what is observed is that in July of this year, activity grew 0.4% (June: 1.1%).
Economic activity grew 23.5% YoY in June, still a high rate due to a low base of comparison. In an analysis comparing GDP figures of 2021 with those of 2019 (a pre-health crisis situation), we observe that in June activity grew 1.1%.
Economic activity grew 47.8% YoY in May, a very positive surprise (Bloomberg consensus: 42.4%). It is worth mentioning that, as has been the case in recent months, this figure hides a low YoY comparison base due to the fact that isolation measures were in force in May 2020.
The economy of La Rioja may have shrunk by 10.2% in 2020, and may grow 5.1% in 2021 and 6.5% in 2022. Public policies and the lower weight of social consumption softened the impact of COVID-19. Consumption and investment will start to push the economy, with risks. European funds shall boost growth especially through 2022.
Unemployment in Uruguay reached 10.1% in March, reflecting the effect of measures implemented to contain the outbreak of the coronavirus, in a poorly performing labour market. We expect the unemployment rate to rise to 14.2% this quarter. What are the challenges for the labor market in the wake of the pandemic?
The Spanish economy has entered into recession as a result of the extraordinary measures put in place to stop the spread of the Covid-19 pandemic. This crisis, however, is expected to be temporary. The activity is expected to grow again from the second half of the year.
After growing 2.4% in 2018, the economy of Canarias could have grown by 1.5% in 2019. It will advance by 1.1% in 2020 and 1.8% in 2021, reducing the unemployment rate to 19.3% in 2021. This would lead to the creation of 38,000 jobs in the biennium, but the risks are down