Randstad | Comparing the figures provided by the State Public Employment Service (SEPE) from ten years ago, we can see that the hospitality sector generated 912,401 contracts during the summer campaign, i.e. during the months of June, July and August. A figure 76% higher than last year, when 518,263 contracts were recorded, but still 28.8% below the 1,281,964 signed in 2019, before the outbreak of the pandemic. Whatsmore, this volume is on a par with that obtained in the summer of 2014, when 908,436 contracts were signed.
BBVA Research | After slightly disappointing in the second quarter of 2019, Spanish economic growth could be around 0.5% quarter on quarter in the third quarter. Downward pressure on growth and job creation.
MADRID | The Corner | Thursday’s Eurozone PMI data for July provide welcome relief after a series of weak short- term indicators, particularly for May, UBS analysts point out. While the PMIs for France remained soft, those for Germany and the broader Eurozone were much stronger again, signalling business activity close to three-year highs, particularly in services.