Spain | The Labor Market Remained Dynamic in November
Published on Tuesday, December 4, 2018 | Updated on Tuesday, December 4, 2018
Spain | The Labor Market Remained Dynamic in November
Summary
Social security registrations fell by 47,400 people (2.9% YoY) — more than expected — although unemployment fell slightly (by 1800 people; -6.4% YoY). On the whole, the data for November remains positive. When not taking seasonality into account, the employment rate increased by 35,000 and unemployment fell by 23,000; in line with the figures recorded during the previous quarter.
Geographies
- Geography Tags
- Spain
Topics
- Topic Tags
- Employment
- Macroeconomic Analysis
Authors
Juan Ramón García
BBVA Research - Principal Economist
Camilo Ulloa
BBVA Research - Principal Economist