Publications

Construction happens to be one of the sectors most heavily affected by labor shortages. While higher wages and immigration are helping to bring talent into the sector, structural problems persist that require a solution.

The construction sector continues to face staff shortages, an aging workforce, and low education levels, which hinder its development. However, since 2022, the arrival of foreign workers may be starting to ease the situation. Improving training would help boost productivity.

With Christmas and the start of the new year nearly upon us, it is always good to look back and review what has happened over the last 12 months. My goal here is to do a mea culpa on where we got things wrong when we laid out our economic scenario a year ago.

In this edition of the QLMO, we review the labor market situation with data available up to Q2 2024. We assess the progress of key indicators, explore employment rate differences between Spain and the EU, and place particular emphasis on the trends in occupational segregation.

In 2025, the Galician economy could report a 6.4% increase in GDP per capita when compared with 2019, the largest advance within Spain. This brings the autonomous region one step closer to converge with the country as a whole.

Spain's positive growth differential with the EU is good news, but it can be exhausted and is not enough to reduce the gap between GDP per capita and productivity, which is the only engine capable of generating sustained growth.

We present a selection of the most prominent changes and trends in the last 20 years with respect to the sociodemographic profile of the people living in Mexico, it based on the results of the 2020 Census analysis and the evolution regarding the results obtained in the editions of 2000 and 2010.