Unemployment rate latest publications
The Spanish economy ends the second decade of the 21st century with a GDP growth rate close to its potential and an unemployment rate of 14.3%. During the last three quarters of 2019, GDP has grown at an annualized quarterly rate of 1.6%.
Aragon keeps its tendence of slower GDP growth.It could grow 2.0% in 2019 and 1,5% in 2020, given renewed commercial tensions and plenty of risks remain.
The Spanish economy is showing enviable resistance in the face of an internal and external environment surrounded by uncertainty. When GDP data is published for the second quarter, it is highly likely that growth will have remained between 2% and 3% year-on-year.
Generally speaking, a region’s well-being is determined by the percentage of available inputs available and how productive they are. In the first case, some measures include the unemployment rate (what percentage of people who are willing to work do not have a job) or activity (how many of those of working age want to parti…