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unemployment in Spain

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Spanish economy 29th October 2021

Spain Q3’21 Jobless Rate Improves To 14.57% Vs Previous 15.26%; Over 20 Million People In Work

Bankinter | Spain’s labour market is continuing on the road to recovery. The unemployment rate in Q3’21 improved to 14.57% from 15.26% in the previous one (and vs 14.10 expected). The Rate of Activity rose to 59.14% (+1,30 pp yr/yr), with the number of people in work exceeding 20 million. If we include the number of workers on an ERTE to September (239,000) and on freelance workers’ benefits (226,000), the…

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Spanish economy 13th October 2021

The IMF Revises Downwards Its Global Growth Forecast …And It Forecasts The Highest Unemployment Rate In Europe For Spain In 2021 (15.4%) And 2022 (14.8%)

In its October World Economic Outlook report, the International Monetary Fund (IMF) has lowered its growth estimate for the world economy to 5.9% from 6.0% in its July estimate. For 2022, however, the IMF has kept its global growth projection unchanged at 4.9%. In its report, the IMF notes that while growth in advanced economies is largely expected to return to the pre-pandemic trend in 2022, it expects emerging and…

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In Europe 6th April 2015

Unemployment in Spain falls in March

The Corner | April 6, 2015 |Figures released today show that unemployment in Spain has fallen again, with Spanish consumers more confident than ever about the trajectory of the economy.

Spanish economy's challenges

In Europe 3rd March 2015

Unemployment falls in Spain

MADRID | March 3, 2015 | By Fernando G. Urbaneja | The creation of  13,500 new jobs in January is in line with encouraging figures elsewhere in the Spanish economy. While there will rightly be optimism in the wake of the latest data, the worrying plight of the youth and long-term unemployed continue to cause concern.

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In Europe 4th June 2014

Spain’s lessons to give and learn

MADRID | The Corner | Assessing Spain’s economic decisions in the years of crisis led Deutsche Bank’s analysts to fix the main five lessons their European counterparts should learn from the country’s experience. One of Madrid’s clearest success was to firstly manage the private sector adjustment  then implement fiscal consolidation. All this would not have been possible without the “crucial”, though sometimes “subtle” support from the EU.

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Spanish economy 6th December 2013

Corruption ranks second in Spaniards’ worries

MADRID| Fernando G. Urbaneja| Spanish leaders try to diminish the importance of corruption in the country’s political sphere. They say it is not a general practice, that cases in the public eye are manageable exceptions. But citizens do not seem to agree.