Spain | The recovery in the labour market gained dynamism in the second quarter

Summary

Labour marked records were positively surprising in June. After controlling for stationarity, hiring reached historical highs, social security affiliation rose by 70 thousand people and unemployment was reduced by 45 thousand. In 2Q16 the labour market improved progressively: the growth in the number of affiliates accelerated up to 0,9% and unemployment fell by 2,4%.

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