Top Stories

unemployment

employment

In Europe 24th July 2014

Spain’s jobs report shows a weak, uncertain but real recovery

MADRID | By Fernando G. Urbaneja | Both the evolution of the GDP and employment in 2Q confirm that the Spanish recovery has arrived: it’s a weak, subject to uncertainty one, but undeniable. Official data released on Thursday were above expectations: 400,000 new employed, 310,000 less unemployed and a crucial piece of data: nearly 100,000 more occupied Spaniards. It’s the best data of the past 26 quarters, since mid-2007. But we should not forget the poor-quality contracts nor the 2 million long-duration jobless.

 

No Picture

In Europe 2nd July 2014

Spain: Employment follows recovery path

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)

Youth unemployment in the Middle East and North Africa

World economy 29th June 2014

Whose Job Is Youth Employment in Africa?

SAN FRANCISCO | By Atul Singh via Fair Observer | With 61% of its population under 24, Africa’s greatest challenge is finding jobs for its youth. The continent needs to provide employment to 200 million people aged between 15-24. As per the World Bank, youth account for 60% of Africa’s unemployed. The African Economic Outlook records extensively how the young fare in labor markets. Lack of demand for labor, absence of meritocracy, and lack of proper training are the top three barriers to getting a job.

This article was originally published on Fair Observer.

No Picture

World economy 19th June 2014

Labour market as a guide to the monetary policy

MADRID | By Luis Arroyo | Experts at Afi made an analysis of the US’ labour market to forecast a possible turn in the economic policy. The answer is that such market is yet far from standardization. We can see three different moments according to the standard deviation in the chart above.

DB on Spain

In Europe 4th June 2014

Spain’s lessons to give and learn

MADRID | The Corner | Assessing Spain’s economic decisions in the years of crisis led Deutsche Bank’s analysts to fix the main five lessons their European counterparts should learn from the country’s experience. One of Madrid’s clearest success was to firstly manage the private sector adjustment  then implement fiscal consolidation. All this would not have been possible without the “crucial”, though sometimes “subtle” support from the EU.

imf projections for spain s gdp growth chartbuilder copia

In Europe 13th May 2014

Spanish recovery glass only half-full

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.

No Picture

Markets 29th April 2014

Market chatter: Spain gloomy jobless rate, Santander 1Q results and much more

MADRID | By Jaime Santisteban | Spain’s unemployment rate climbed to nearly 26 per cent in 1Q, official data showed Tuesday, despite the positive growth figures the government is proudly showing. Markets are weighing the effects of those numbers on the country’s sluggish recovery, the same day Spanish bank Santander announced an 8% profit increase in 1Q. Spain only accounts for 14% of the entity’s profits, while the UK is already 20%. 

No Picture

Spanish economy 3rd April 2014

4.8 million of Spanish jobless, unacceptable for 4th EZ economy

MADRID | By Francisco López | Figures of March’s unemployment in Spain are clearly good, although talking about a trend change in labour market seems sort of unwise given current indicators of growth, deficit and debt. Therefore, Spanish Ministry of Economy Luis de Guindos anticipated a modification of the economic estimations that will be sent to the European Comission before the end of April.