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    December 4, 2019

    Andalusia Economic Outlook. Second half 2019

    The economy of Andalusia grew by 2.4% in 2018 and will advance by 2.0% in 2019 and by 1.6% in 2020. This will add around 150,000 jobs in the biennium (almost 1 in 4 jobs in Spain), recovering to pre-crisis levels. However, the unemployment rate will still be 7.1 p.p. above the 2007 minimum

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    December 3, 2019

    Spain | Moderate growth in affiliation and unemployment in November

    Social security affiliation fell by 53,100 people (2.3% YoY) and unemployment rose by 20,500 (-1.7% YoY). Excluding seasonal factors, there are signs of stability in the labor market, in figures less favorable than those of 2018: employment grew by 30,000 people and unemployment registered its fourth growth in 2019 (1,200)

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    November 28, 2019

    Spain | Home sales stagnated in 3Q19

    The real estate market put an end to a turbulent 3Q19, characterized by high volatility due to the effects of the implementation of the Real Estate Credit Law. Sales lost traction in September, after the upturn in August, and price growth was similar to that of the previous quarter

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    November 28, 2019

    Bringing Social Security into the 21st Century

    The structure of the current Spanish pension scheme is essentially the same as when it was set up at the end of the 1960s. In the 50 years that have gone by since its creation, the only changes it has seen have been to its parameters.

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    November 28, 2019

    Rural Areas vs. Cities in Job Creation

    It is no secret: employment has grown continuously in Spain since 2013. Social Security registrations have increased by 20% since employment began to recover — for every five people registered before, there are now almost six.

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    November 27, 2019

    Madrid Economic Outlook. Second half 2019

    The economy of Madrid grew by 3.7% in 2018 and will advance by 2.6% in 2019 and 2.2% in 2020. Some 128,000 jobs will be created in the biennium, although the risks are numerous and some of them are more likely now. Employment will exceed pre-crisis levels by 1% by the end of the biennium

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    November 20, 2019

    Catalonia Economic Outlook. Second half 2019

    Catalonia's GDP is expected to increase by 1.8% in 2019 and by 1.6% in 2020. This will enable the creation of around 115,000 new jobs between the end of 2018 and 2020, and reduce the unemployment rate to 11.0%

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    November 19, 2019

    Spain | Economic cycle in the first half of 2019

    In this Watch, the structural factors that allow us to explain the cyclical behavior of the Spanish economy during the first half of 2019 are evaluated, and the impact of the main changes affecting GDP.

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