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June 9, 2022
En marzo el desempleo en Uruguay alcanzó 10,1%, reflejando el efecto de las medidas implementadas para contener el brote de coronavirus, en un mercado laboral con pobre desempeño. Esperamos que la tasa de desocupación suba hasta 14,2% en este trimestre. ¿Cuáles son los desafíos para el mercado de trabajo pasada la pandemia?
May 13, 2020
Measures to support employment considering the paralysis and economic slowdown have been insufficient to halt the destruction of formal jobs, resulting in an unprecedented contraction in the formal employment. There is a high risk that job destruction became structural as more companies close permanently.
May 8, 2020
With 30M people filing for unemployment insurance since March 21st, the precipitous drop in nonfarm payrolls of 20.5M was not a surprise. However, the drop in employment over the past two months has all but erased the job gains since February 2011.
May 8, 2020
In Portugal, GDP could fall by about 6.5% in 2020, and the unemployment rate could exceed 10%, although uncertainty is particularly high, especially in relation to the duration of the restrictions imposed and their impact on different sectors. There are many scenarios that are still possible under reasonable assumptions.
April 20, 2020
The Chinese government has announced that its GDP has fallen by 6.8% YoY in the first quarter of 2020. The reduction is slightly more than expected and is a result of the unprecedented economic turbulence caused by the COVID-19 outbreak in the country.
April 10, 2020
The challenges faced by COVID-19 the Fed announced additional $750bn in loan support.With this additional action, the Fed has committed to providing $2.3Tn in loan to support the economy.Given the historic rise in unemployment claims it's not surprising that the Fed has taken further actions to contain the economic fallout.
April 2, 2020
March’s employment report will not capture the bulk of the shock. However, if current trends continue, nonfarm payroll will decline significantly in April and the unemployment rate could reach more than 12%, which would outstrip the record-high of 10.8% in 1982.
February 3, 2020
With changes to labor regulations being proposed, priority should be given to addressing structural challenges that have not been resolved by the reforms that have taken place in recent years. Among these factors that are embedded in the Spanish economy is productivity.
January 30, 2020
When increases in the minimum wage are determined based on the evolution of productivity and employment, a high minimum wage reflects—in the long-term—the good health of the economy, competition in its markets, its productive capacity and a high standard of living.
January 28, 2020
Presentation made in the joint event of BBVA CIB and Bloomberg held in Geneva about digitalization in private banking where BBVA Research showed some of the developed tools and products using Big Data to enrich the economic, social and geopolitical analysis.
January 17, 2020
The Spanish economy is suffering a double impasse. Politically, although a government has just been formed, it is difficult to anticipate what support it will have for approving new general budgets and legislative initiatives that provide a new momentum for reform. Economically, GDP has slowed.
