Spain | Positive labour market performance in December, but less than expected
Published on Wednesday, January 3, 2018
Spain | Positive labour market performance in December, but less than expected
Summary
Labour market records lost dynamism again in December. Excluding seasonality, it is estimated that Social Security registrations grew by 25,000 people and that unemployment fell by 17,000. Even so, the balance at the end of the year is positive: the increase in the number of Social Security registrations accelerated in Q4 (0.8% QoQ SWDA) and ended 2017 with 611,146 more Social Security registrations than a year ago (3.4% YoY).
Geographies
- Geography Tags
- Spain
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Juan Ramón García
BBVA Research - Principal Economist
Documents and files
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