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June 30, 2021

Spain | La Rioja Economic Outlook 2021

The economy of La Rioja may have shrunk by 10.2% in 2020, and may grow 5.1% in 2021 and 6.5% in 2022. Public policies and the lower weight of social consumption softened the impact of COVID-19. Consumption and investment will start to push the economy, with risks. European funds shall boost growth especially through 2022.

June 9, 2021

Spain | Basque Country Economic Outlook 2021

The Basque economy may have shrunk by 10.5% in 2020, and may grow 5.5% in 2021 and 7.5% in 2022. Public policies and the lower weight of social consumption softened the impact of COVID-19. Consumption, investment and exports will push the economy. With risks, European funds shall boost growth especially through 2022.

June 7, 2021

Spain | A strategy to improve the labor market

The labor market will recover from the COVID-19 crisis, but the resolution of its structural weaknesses will still be pending, while it will have to face the challenges of digital transformation, the energy transition and aging. The 2050 Strategy addresses them and proposes a broad package of measures to overcome them.

May 25, 2021

Spain | A long-term social welfare strategy

The Spain 2050 strategy establishes a broad and useful set of objectives on which social consensus and state pacts can be built, as well as measures to achieve them.

April 29, 2021

Spain | LFS 1Q21: Employment defied the third wave, but worked hours fell again

Employment increased 0.5% QoQ CVEC (-2.4% YoY), more than expected. However, the worked hours decreased (-0.9% QoQ CVEC; -3.5% YoY) and the employees in ERTE or partial unemployment who did not work exceeded 400,000. The decline in labour force participation reduced the unemployment rate to 16%.

January 28, 2021

Spain | LFS 4Q20: improvement in the labour market continued, despite the health situation

Employment grew by 167,400 (-3.1% YoY), but 815,600 people worked fewer hours than usual due to ERTE or partial unemployment. The moderate increase in the labour force helped the unemployment rate to fall to 16.1%. In 2020, 576,900 jobs were destroyed (-2.9%) and the unemployment rate rose to 15.5%.

December 14, 2020

España | Situación Navarra 2020 Zertan den Nafarroa

The economy of Navarre may shrink by 10.6% this year, and grow 6.0% in 2021, losing 3,000 jobs. The impact of the crisis was heterogeneous by sectors, counties and personal characteristics. Public policies allow to lower job losses, but risks push the perspectives downward.

July 6, 2020

Spain | COVID-19: A crisis of supply or demand?

The fall in GDP expected as a result of COVID-19 will be unparalleled in history. The decline in GDP per working-age population in 2020 is expected to be 10% greater than the decline seen in 2019, marking a return to levels seen in 2015.