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November 12, 2024
Mexico | Formal employment does not change trend in October, worsens outlook
The weakness in employment, observed since the beginning of the year, has intensified more than expected due to factors such as the closure of federal infrastructure projects and political and economic uncertainty. In October, formal employment grew by 1.4%, falling 0.3 percentage points short of expectations.
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November 5, 2024
Spain | The labor market continued to gain momentum in October
Social Security affiliation grew by 134,300 people and unemployment increased by 26,800. Seasonally adjusted, the number of employees rose by 55,000, while the number of unemployed fell by 13,000. Additionally, the percentage of affiliates with temporary contracts decreased.
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October 31, 2024
Colombia | National unemployment rate was 9.1% in September
The national unemployment rate in September was 9.1%, similar to the 9.3% reported a year ago. Seasonally adjusted, the unemployment rate was below its average level in the first half of the year, which stood at 10.5%. By September, the labor market displayed reduced dynamism, with a slowdown in job creation.
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October 28, 2024
Global | The green job puzzle: how alternative definitions shape the analysis
Green jobs definition varies depending on the question to be answered. Understanding their evolution across activities, products, and skills & tasks becomes crucial for the design and deployment of the most appropriate policies.
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October 25, 2024
LFS 3Q24 | The labor market showed a favorable evolution, albeit at a moderate pace
Once seasonality is discounted, both employment (0.4% q/q) and hours worked (0.1% q/q) increased at a similar pace to Social Security affiliation (0.3% q/q). Additionally, the unemployment rate declined (to 11.3%), and the temporary employment rate remained stable (15.9%).
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October 16, 2024
Mexico | The weakness of employment is noticeably accentuated in September
Formal employment grew by 1.6% in September. Despite the increase, the growth was lower than expected, reflecting a more significant slowdown and worsening short- and medium-term employment expectations, influenced by the country's anticipated lower economic growth and uncertainty.
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October 7, 2024
Spain | Growing with more immigration
Immigration has been a key factor supporting the growth of the Spanish economy in the wake of the pandemic. The labor market, economic and social integration, and training of immigrants all require priority attention from policymakers.
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October 1, 2024
Argentina Economic Outlook. October 2024
The government maintains a firm commitment to fiscal balance while upholding a "zero monetary issuance" policy for all items arising from the public sector. The slowdown in inflation has stalled since May, remaining around 4% monthly, and economic activity shows signs that the recession may have ended in Q2 2024.
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September 30, 2024
Colombia | National unemployment rate was 9.7% in August
The national unemployment rate was 9.7% in August, up from 9.3% in August 2023. Seasonally adjusted, the August unemployment rate was 10.0%, unchanged from July this year, and below its average level for the first half of the year, which was 10.6%.
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September 19, 2024
Spain | 2Q2024 Quarterly Labor Market Observatory
In this edition of the QLMO, we review the labor market situation with data available up to Q2 2024. We assess the progress of key indicators, explore employment rate differences between Spain and the EU, and place particular emphasis on the trends in occupational segregation.
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September 12, 2024
Mexico | Job creation through August: one of the lowest in 14 years
Employment continues to slow down, with minimal monthly increases. According to the IMSS, formal employment grew by 1.8% annually in August, 0.2 points less than in June and July. Seasonally adjusted job creation has shown three months of 0.1% variations, reflecting weakness in annual variations.
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