Unemployment latest publications
The recent review by the INE (Spanish Office of National Statistics) of the Quarterly Accounts came as a surprise, with growth in the second quarter falling below previous progress and the forecasts by analysts and experts.
The Spanish economy will grow 2.9% in 2018 and 2.5% in 2019, above those forecasted three months ago. The favorable external environment and the lower long-term financing cost offset the impact of economic policy uncertainty. This scenario is consistent with the creation of one million jobs and the reduction of the unemploy…
Labour market records fulfilled the expectatives in July. BBVA Research estimations show that, after controlling for stationarity, social security affiliation grew by 52 thousand people while unemployment was reduced by 42 thousand.
El mercado laboral español es atípico entre las economías desarrolladas. Estructuralmente, presenta tasas de paro y temporalidad más elevadas. En recesiones, los ajustes son ineficientes y aumentan la desigualdad, al centrarse en la destrucción de puestos de trabajo y, especialmente, en colectivos vulnerables.
The labour market records fulfilled flash expectatives in April, boosted by the positive development in the service sector. After controlling for stationarity, afiiliation grew by 52 thousand people, while unemployment fell by 20 thousand.