The new labor reform was achieved with a social consensus. It clears up uncertainties, makes several improvements and avoids going back on key progress made in the last decade. But it is not ambitious enough to solve the structural problems of the Spanish labor market.
GDP per working-age person (WAP)
GDP per working-age person (WAP) latest publications
This Economic Watch updates the analysis of the factors determining the economic cycle in Spain, with the information available up to the second quarter of 2021, including the major revision of GDP and its components carried out by INE in september.