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    Spain | Agriculture and public sector explains the possitive surprise of employment

    Published on Thursday, November 3, 2016

    Spain | Agriculture and public sector explains the possitive surprise of employment

    Summary

    Labor records in October improved more than expected. After adjustments for seasonality, we estimate that affiliation increased by 90,000 people and unemployment fell by 40,000. However, today known data should be interpreted cautiously, because the surprises were concentrated in the primary sector and related activities with the public sector.

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    Authors

    Juan Ramón García BBVA Research - Principal Economist
    Camilo Ulloa BBVA Research - Principal Economist

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    Flash_paro_oct16

    Spanish - November 3, 2016

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