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

Spain | dissapointing LFS in 1Q15

Summary

The LFS opossed the positive performance showed by the monthly labour market data. The employemnt fell 114 thousand people due to stationarity. The private sector, and particularly the services sector boosted the employment destruction. The labour force also decreased, therefore the unemployment rate grew by 0.1pp to 23.8%.

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flash_epa1t15

Spanish - April 23, 2015

Authors

JG
Juan Ramón García BBVA Research - Principal Economist
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