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June 23, 2020

Uruguay | Labor Market: what we can expect (and do) once the coronavirus is gone

Unemployment in Uruguay reached 10.1% in March, reflecting the effect of measures implemented to contain the outbreak of the coronavirus, in a poorly performing labour market. We expect the unemployment rate to rise to 14.2% this quarter. What are the challenges for the labor market in the wake of the pandemic?

May 18, 2020

Spain | Deficit and an Exit Strategy

Spanish public finances are not in the best position to face this crisis. Since 2015, policies to reduce taxes and increase expenditure have impaired the fiscal structural balance.

April 3, 2020

U.S. | Labor market collapse begins

March's employment report marks only the beginning of a period of unprecedented weakening in the labor market. The number of people reporting being temporarily laid off doubled to 1.8M while the number of permanent job losers increased from 177K to 1.5M.
  • Geography Tags
  • USA

March 5, 2020

Mexico | New Labor Market Stress and Performance Index

This study aims to analyze the dynamics of the labor market in order to propose the Labor Market Stress and Performance Index estimated on the basis of the method of Iterative Principal Component Analysis, which allows identifying short term changes in the labor market dynamic related to access and job creation.

June 6, 2019

What is the cyclical position of the Spanish economy?

Over the last few months, there has been an interesting debate on the cyclical position of the Spanish economy, its potential growth and the output gap.

March 11, 2019

Extremadura Economic Outlook 2019

The GDP of Extremadura would have grown by 2.6% in 2018, 0.5 p.p. above the growth of 2017, and is expected to increase by 2.4% in 2019 and 1.9% in 2020. This will add around thirteen thousand new jobs between the end of 2018 and 2020 and the unemployment rate shall drop to 21.2%, still 5.8 p.p. above the 2007 minimum.

July 9, 2018

The current expansion of the Spanish Economy

Since 2014, Spain has been growing at rates higher than those of most other European countries. During these years, Spain has recovered the competitiveness lost before the crisis. Inflation, unit labour costs and mark-ups have performed better than in the euro area as a whole, resulting in strong export growth. In 2017, exp…

April 20, 2018

The social dimension of the European Union

This presentation discusses the existing inequality in the European Union, explained by factors such as unemployment, severe poverty and education, among others, and the policies needed to move towards a more socially integrated EU.