Publications

Europe and the U.S. are considering how to increase the weight of manufacturing in the production structure. Since the beginning of the pandemic, fiscal plans and tariff policies have been announced to boost or protect certain sectors.

Mexico faces significant structural economic challenges, with informality standing out as one of the most complex to address. Although there have been efforts to understand and analyze informality from various perspectives, these efforts have little impact as they remain outside the debate and action of public policy.

To avoid a ‘demographic winter’ scenario, Spain needs immigration. But just because it is necessary does not mean that it is sufficient, nor that it does not pose major challenges for the labor market and when it comes to social cohesion.

This Observatory evaluates the factors that explain the cyclical behavior of GDP in Spain, full-time equivalent employment and productivity up to 4Q2023.

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.

In this new issue of the OTMT, we analyze the evolution of the labor market up to November 2023. We take stock of the evolution of the main aggregate indicators and focus on the monitoring of the 2022 Labor Market Reform, unemployment among people aged 50 and over, and employment and the environment.

This Observatory evaluates the factors explaining the behavior of the Spanish economy during 2022, and estimates the structural shocks behind the growth of GDP per working-age person (WAP), the GDP deflator and real wages.