LFS 2Q16 | Unemployment rate falls to 2010 levels, but job creation moderates
Published on Thursday, July 28, 2016
LFS 2Q16 | Unemployment rate falls to 2010 levels, but job creation moderates
Summary
The rise in occupacy between April and June (271 thusand people) was lower than expected, but enough to position unemployment rate at the 20% treshold for the first time in four years. Once corrected for stationarity, a slowdown in job creation of 0.5pp down to 0.3% QoQ is evident.
Geographies
- Geography Tags
- Spain
Topics
- Topic Tags
- Macroeconomic Analysis
Tags
- Tags
- Labour Force Survey
Authors
Juan Ramón García
BBVA Research - Principal Economist
Juan Ruiz
Documents and files
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