Sirenia Vázquez is Principal Economist, member of the Big Data team at BBVA Research. Her research mainly focuses in using large databases to study social, macroeconomic, financial, regional and sectorial issues related to the Spanish and Global economy.
She has worked in BBVA Research since 2013, when she joined the Mexican unit. In 2019 she moved to the BBVA Research team based in Madrid.She has wide experience working in both public and private sectors. Before joining BBVA Research she worked as Director of Economic Studies at the National Banking and Securities Commission in Mexico (CNBV), and previously held different research positions in private and public financial institutions and in the Ministry of Social Development in Mexico.She has a degree in Economics from Centro de Investigación y Docencia Económicas (CIDE), and a Master in Risk Management from Instituto Tecnológico Autónomo de México (ITAM). She is a certified Data Scientist from Universidad de Navarra.December 4, 2024
In this edition of the QLMO, we review the labor market situation with data available up to Q3 2024. We review the trends in key indicators, examine recent behavior from a flow perspective, and place particular emphasis on the characteristics of first-time employment.
December 3, 2024
Social Security affiliation dropped by 30,100, while unemployment decreased by 16,000. Adjusted for seasonality, contributors increased by 26,000, and the unemployed fell by 4,600. Preliminary data does not indicate a significant rise in workers affected by furlough schemes (ERTE) following the DANA.
November 5, 2024
Social Security affiliation grew by 134,300 people and unemployment increased by 26,800. Seasonally adjusted, the number of employees rose by 55,000, while the number of unemployed fell by 13,000. Additionally, the percentage of affiliates with temporary contracts decreased.
