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Spain labour market

In Spain 27th October 2020

Spain jobless rate soars to 16.26%, despite adding 569,600 jobs in Q3, according to the EPA

The number of employed people increased in the third quarter of the year by 569,600 compared to the previous quarter which saw the greatest impact of the pandemic from confinement. The total number of employed stood at 19.17 million. However, the number of unemployed also increased by 355,000 to 3.722.900, equivalent to a rate of 16.26%, the highest since the first quarter of 2018, according to the Labour Force Survey (EPA) published on Tuesday.

Spain has highest proportion of contracts of 6 months or less

In Spain 4th August 2020

Spanish Unemployment Drops For The First Time Since February: 89,849 People Find A Job In July

The labour market figures in July are very good thanks to the reopening of services and the return of tourism to Spain. Unemployment fell by 89,849 people, the first drop since February.The number of people still affected by temporary layoffs schemes (ERTEs) is now just over one million and the Social Security affiliation average membership is still rising. However, only 17% of the jobs destroyed have been recovered.

The labour market reform in Spain: a user’s guide

In Spain 28th July 2020

The Coronavirus Destroys 1M Jobs In Spain In Q2’20, Leaving The Unemployment Rate At 15.33%

The results of the Labour Force Survey (EPA in its Spanish acronym) for the second quarter of 2020 continue to reflect the situation arising from the pandemic. Employment fell by 1,074,000 persons in this period. It should be borne in mind that this figure does not include those affected by a temporary lay-offs with suspension of employment. Meanwhile, the unemployment figure rose by by 55,000 people, with the unemployment rate standing at 15.33%.

Caixabank, Telefónica, El Corte Inglés or Iberdrola, the Spanish firms best prepared to confront 2019

In Spain 13th May 2020

Over 40% of Spanish Firms Plan To Cut Their Workforce Due To Covid-19

More than 40% of Spanish companies are planning or considering cutting their workforce due to the impact of Covid-19. At the same time, 25% of firms have frozen salaries and 16% are reducing them, according to a survey of nearly 1,000 European organisations, carried out by consultancy group Willis Towers Watson. More than one hundred Spanish companies are included in the survey.

The returm of migration to Spain

In Spain 17th February 2020

The Return Of Immigration To Spain

CaixaBank Research | Immigration is back in Spain after years of crisis in which there were many more immigrants departing than arriving (between 2010 and 2014). More specifically, Spain has once again become a net recipient of foreign immigration since 2015 and the trend has intensified in recent years: net inflows of foreign nationals reached 330,000 people in 2018 according to the migration statistics of the National Statistics Institute. The following are the main conclusions.

The labour market reform in Spain: a user’s guide

In Spain 6th February 2020

The labour market reform in Spain: a user’s guide

J.P. Marín Arrese / Looking for any rational clue in the extricate discussion on labour relations seems a hopeless aim. One even wonders why economists still call it a market when it departs so obviously from any standard pattern.

 

Unemployment in Spain drops by 112,400 people in 2019; 402,300 jobs created

In Spain 28th January 2020

Unemployment In Spain Drops By 112,400 People In 2019; 402,300 Jobs Created

Unemployment fell by 112,400 people in 2019, 3.4% less than in 2018, registering its seventh consecutive annual decline. This drop is the smallest since 2013, when unemployment fell by 85,400 people. The fall in unemployment was four times less in 2019 compared with 2018.The jobless rate stood at 13.78% at end-2019.

Forty years of democratic Spain: Haves and have-nots of labour market

In Spain 24th November 2018

Forty Years Of Democratic Spain: Haves And Have-Nots Of Labour Market

William Chislett | Spain has moved from a labour market characterised during the Franco regime by heavy state intervention, no free trade unions, the prohibition of strikes and lock-outs, a low female participation rate and paternalistic legislation to one that is flexible, but marked by consistently high unemployment.