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Social Security gross affiliation stagnated and registered unemployment fell by 33.500. Excluding seasonality (CVEC), employment continued to increase (30.000) and temporality in hiring maintained its rate of decline (to 53,7%). Unemployment fell (-35.000 CVEC), but employed job seekers increased.
GDP growth forecast is revised moderately upwards to 4.6% in 2022 and 1.2% in 2023. The economy is holding up better than expected and the probability of recession is reduced. Activity will gain traction as NGEU funds are implemented and uncertainties dissipate, and will grow by 3.4% in 2024.
Aragon's GDP is expected to grow by 3,3% in 2022, although the current economic slowdown will continue in the coming quarters. Regional GDP is expected to grow by 0,6% in 2023, due to the fall in European demand, higher energy and transport pri…
Central Government has authorized (approved and implemented) spending programs linked to the RRTP amounting to 43.7 billion euros, 83% of what was planned for 2021 and 2022. Of these, Central Government would have granted and awarded investment…
This Working Paper contains homogenized series of regional funding in Spain, constructed on the basis of homogeneous competences at equal fiscal effort from 2002 to 2020.
Andalusia's GDP increased by 5,9% in 2021. But the war in Ukraine and sanctions reduce growth expectations. Thus, growth is expected to be 4,3% in 2022, but to decelerate in 2023 to 0,9%.
The lack of workers who can meet the demand for employment in Spain is one of the issues that seems to have the most sharp edges. In the short term, the consequences of the increase in unfilled vacancies may be significant for wages, inflation and keeping jobs.
Real estate market is starting to feel the economic slowdown and the rise in interest rates. This context justifies a contraction in sales in 2023, despite which the level will remain high. Housing starts will stagnate in 2023 and the nominal p…
Cantabria's GDP grew by 5,3% in 2021. But the war in Ukraine and sanctions reduce growth expectations. Thus, Cantabrian GDP is expected to increase by 3,3% in 2022 and to slow down in 2023, when the increase will be 0,7%.
Social Security affiliation grew by 103,500 persons and registered unemployment fell by 27,000. Excluding seasonality, employment maintained its rate of increase (20,000), unemployment broke its upward trend (-55,000) and temporary employment f…
Seasonality drove job creation (77,700) and contained the unemployment rate (12.7%). Seasonally adjusted figures (SWDA) show that employment fell (-0.1% QoQ), hours worked slowed (0.7%) and the unemployment rate rebounded (13.2%). However, temporary rate decreased (19.6% SWDA).
Navarre's GDP grew by 4.8% in 2021. But the war in Ukraine and sanctions reduce growth expectations. Thus, Navarre's GDP is expected to increase by 3.5% in 2022 and to slow down in 2023, when the increase will be 0.2%.
