Spain | LFS in 2Q15 nor disappointing, but neither surprising
Published on Thursday, July 23, 2015 | Updated on Thursday, July 23, 2015
Spain | LFS in 2Q15 nor disappointing, but neither surprising
Summary
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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- Spain
Topics
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- Employment
- Macroeconomic Analysis
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Authors
Juan Ramón García
BBVA Research - Principal Economist
Camilo Ulloa
BBVA Research - Principal Economist