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Published on Thursday, July 23, 2015 | Updated on Thursday, July 23, 2015

Spain | LFS in 2Q15 nor disappointing, but neither surprising

In line with expectations, labor market behaviour was positive according to the 2Q15 LFS, and offset the sluggishness of employment in the 1Q15. The increase in employment caused a significant reduction in the unemployment rate to 22.4%, despite the improvement of the labor force.

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flash_epa2t15 Spanish July 23, 2015
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Authors

Juan Ramón GarcíaBBVA Research - Principal Economist
Camilo UlloaBBVA Research - Principal Economist

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Spain

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