MADRID | By Fernando G. Urbaneja | There is a consensus amongst Spanish economists, who are forecasting a growth in GDP of 1.3% in 2014 and 2% in 2015. The Government shares this view and, on this basis, has already outlined the draft of next year’s budget. It believes that the “recovery and increased employment” phase is already under way, and in fact, that Spain is showing better indexes than the Euro zone average.
SAO PAULO | By Marcus Nunes via Historinhas | NGDP and RGDP trends are rather similar in both countries. The main question is: Why is the UK´s labor market so much more exuberant?
LONDON | By The Corner | The Spanish Tax Agency published on Monday its monthly statistics on large enterprises. Experts at Barclays explain that among others, the May data show that wages dropped 0.3% y/y (sa and wda) for these firms. The average monthly wage increase in Jan-May period was -0.2% y/y, which coincides with the average monthly salary growth increase since the main 2012 labour market reform in Spain.
MADRID | By Fernando G. Urbaneja | June employment data are the best in the last seven years: economy is moving and employment reflects an activity with generalised increases in sectors and regions. Spanish growth is still slight but significant after seven years of decline. (Graph: Charles Butler @ibexsalad)
MADRID | By Fernando G. Urbaneja | New employment data released on Tuesday still point to a draining situation in the eurozone’s forth economy. Employment destruction speed is simply slowing, not stopping. Unemployed queue shrank by 2,300 people, to 5.93 million, and rate climbed to 25.93 percent in the first three months of 2014, up from 25.73 percent in the previous quart. Something that is sharply denting the economic recovery.
MADRID | By Ben Sills at Reuters | Spain posted the first decline in November jobless claims since at least 1996 as economic activity stabilized after a five-year slump.
BEIJING | In a rather competitive environment like China, the Spanish CEO Pedro Fajardo managed to be the very first one in his field by identifying…
Universities in the US have acknowledged that they distort the employment figures of their graduates. Now, some newly graduated lawyers have begun litigation against them…
By Luis Arroyo, in Madrid | What I would like to do here is bringing a magnifying glass on to a recent lapse of time and…
Barclays analysts’ sent a warning about expectations over US employment data, which experts do not quite think are accurate. Ahead of the publication of official…