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)
BARCELONA | Joan Tapia| That the Spanish economy grew by 0.4% quarterly in the 1Q14, and by 0.6% yearly is a real green shoot. After several years of recession, GDP is to grow moderately, around 1% in year 2014. However, employment continued falling by 184,000 people, at an annual pace of 0.5%. A slap in the face for those who told the recovery was more intense than expected.
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.
BERLIN | By Alberto Lozano | Europeans never stop listening to ideas for economic reforms. One potentially successful option, with support from Europe’s leading institutions for smaller economies, is the ¨minijob¨.
But are these atypical jobs the solution to move Spain’s 26 percent unemployment rate closer to Germany’s 5 percent?
BERLIN | By Alberto Lozano | While the euro zone jobless rate reached 12.1 percent in October, Germany has promising news for itself: national labor market is expected to create about 180,000 jobs in 2014. Why is this happening?
WASHINGTON | By Pablo Pardo | For all the talk about the jobless recovery, Barack Obama has, in less than 5 years, created three times more jobs than George W. Bush did in eight years. Under the current president’s tenure, 3,140,000 jobs have been added to the US economy. It is not a bad record of achievement, at least taking into account that, in January 2009—when Obama moved to the White House–, the United States destroyed 600,000 jobs, its worst number in 34 years. Talk about legacies.
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.
After more than two years, economic issues raised during the Arab Uprisings are still lingering on government agendas.
By CaixaBank analysts | The reduction in doubtful loans, easier financial conditions and creation of households will continue to support the recovery in housing. But persistently low participation in employment is a source of risk for 2013.
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 a niche with a big market such the Spanish language. With 100% Spanish capital and without relying in external financial sources, he built Chinaempleo.com by using savings, bank lending as well as revenues from their site and advertising. In less than 2 years the site…