Published on Thursday, April 28, 2016 | Updated on Friday, April 29, 2016

Spain | Employment recovery gains traction despite the uncertainty

Summary

The fall in occupacy (65 thousand people) and of active population (-53 thousand people) produced a stationary rise of unemployment rate of up to 21%. After correcting this factor, an acceleration in job creation can be observed (of 0.1pp up to 0,9% QoQ) and a fall of 0.5pp in unemployment rate (20,3%).

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Authors

Juan Ramón García BBVA Research - Principal Economist
Juan Ruiz

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Spanish - April 28, 2016

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