Spain | 483,000 more jobs in 2017, despite unexpected slowdown in Q4
Published on Thursday, January 25, 2018
Spain | 483,000 more jobs in 2017, despite unexpected slowdown in Q4
Summary
Contrary to expectations, the labour market lost momentum in 4Q17. The unfavourable seasonality led to a fall in Labour Force Survey employment of 50,000 people, while the unemployment rate fell to 16.5%, despite the decline in the labour force. On average for the year, 483,300 jobs were created, and the unemployment rate fell to 17.2%.
Geographies
- Geography Tags
- Spain
Topics
- Topic Tags
- Macroeconomic Analysis
Tags
- Tags
- Labour Force Survey
Authors
Giancarlo Carta
BBVA Research - Senior Economist
Juan Ramón García
BBVA Research - Principal Economist
Camilo Ulloa
BBVA Research - Principal Economist
Documents and files
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