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The GDP of the Canary Islands will increase to 2.6% in 2024 and 1.6% in 2025, which will allow it to create 49,000 new people in the community in those two years.
Keeping up with the twin digital and green transition while coping with an aging population and the retirement of the baby boomer generation calls for the astute and successful management of migratory flows, which will drive employment from 2021.
The average real wages of formal workers in Mexico have shown notable growth, accompanied by a significant improvement in workers' purchasing power, especially in the lowest income deciles, which indicates progress towards lower wage inequality.
Formal employment in Mexico showed null monthly variation in March 2024, reflecting a more pronounced slowdown than expected in the year's first quarter. In March, it grew below expectations, partly attributable to the effect of Easter.
GDP in Castile and Leon could increase by 2.0% in 2024 and 1.8% in 2025, which would create 27,000 new jobs in the region in the biennium
The GDP of the Balearic Islands could increase by 2.5% in 2024 and 1.7% in 2025, which would allow the creation of 28,000 new jobs in the region in the biennium
The national unemployment rate in February 2024 was 11.7%, higher than the 11.4% in February 2023. On the year to February, employment grew 1.2% (260 thousand jobs), down from 2.5% (533 thousand jobs) in January 2024, continuing the trend of slowing annual job creation.
Social Security affiliation rose more than expected in March (193,600 individuals), but unemployment declined less than forecasted (-33,400). Seasonally adjusted, employment rebounded in Q1 2024 (0.8% quarterly CVEC) and both hiring (-0.9%) and…
In 2024, the prospects will improve in all the Autonomous Communities, driven by employment, domestic consumption and, above all, service exports. In 2025, the push will come from the industrial communities and the recovery of the south after t…
Downward revision to our 2024 Gross Domestic Product (GDP) growth estimate to 2.5% (2.9% previously), with lower dynamism of domestic demand.
This Working Paper provides a concise overview of the recent enhancements to the sector module within the RegData FEDEA-BBVA database.
The January 2024 national unemployment rate was 12.7%, down from 13.7% in January 2023. Seasonally adjusted, the national rate decreased by 0.4 percentage points (p.p.) between December 2023 and January 2024, although it remains above the values observed in the middle of last year.
