May sees record drop in Spain unemployment
The Corner | June 3, 2015 | Good news for Spain’s economic recovery. The number of unemployed people in Spain saw a sharp drop in May, marking the largest fifth-month decline since records began in 1996.
unemployment
The Fed should get smart and stop ‘targeting’ unemployment
SAO PAULO | May 15, 2015 | By Marcus Nunes via Historinhas | It´s such a bad ‘target’ that the Fed has been compelled to move the target frequently over the past couple of years, all the way from 6.5% to 5%-5.2%!
Spain unemployment rate climbs to 23.78% although more jobs reported
The Corner | April 23, 2015 | The number of unemployed Spaniards decreased in the first quarter of 2015 by 13,100 people, and reached the figure of 5,444,600, according to the official Employment Active Population survey released on Thursday (23.78% of the active population). “The employment survey seems to be the only one of which the government is not afraid,” famous radio host Carlos Alsina ironized, referring to Mr Rajoy’s cabinet struggle to contain the fallout from a tax investigation against former senior leader of the party and IMF head Rodrigo Rato.
14 year employment record set in March
MADRID | April 7, 2015 | By Fernando G. Urbaneja | There are two lingering black marks against the Spanish economy. The first is rampant unemployment, which is second only to Greece in the euro area and the OECD. The second is a large budget deficit-the largest in Europe-which remains stubbornly high and is still some way off the target of 3% of GDP. Against that backdrop, the Spanish economy has returned to stronger growth this year, with forecasts showing the economy could expand by as much as 3%.
Unemployment in Spain falls in March
The Corner | April 6, 2015 |Figures released today show that unemployment in Spain has fallen again, with Spanish consumers more confident than ever about the trajectory of the economy.
Retail sales show improvement in Germany and Spain
The Corner | March 31, 2015 | German and Spanish retail sales have improved markedly compared with this time last year. Unemployment figures for the euro zone are expected to fall slightly, while results of EU inflation figures will be keenly monitored in the wake of the ECB’s sovereign bond purchasing programme, launched earlier this month.
ECB to detail QE plans
The Corner | March 5, 2015 | Markets are again looking to the ECB for a gauge as to where the continent is headed, with Mario Draghi expected to announce more detailed descriptions of the bank’s QE plan. Elsewhere, data from Germany, Italy and Greece are likely to highlight the divergent fortunes of countries within the single currency area.
Unemployment falls in Spain
MADRID | March 3, 2015 | By Fernando G. Urbaneja | The creation of 13,500 new jobs in January is in line with encouraging figures elsewhere in the Spanish economy. While there will rightly be optimism in the wake of the latest data, the worrying plight of the youth and long-term unemployed continue to cause concern.
Morning briefing: German and Spanish consumers showing confidence
The Corner | March 3, 2015 | Retail sales in Germany beat expectations in January: they rose by 5.3% instead of the forecast 3.0%, and up from the December’s upwardly revised 4.8% rise. Spanish and German consumers are seemingly much happier about the state of the economy.
‘Mostly’ positive signs for Spanish economy
MADRID | March 1, 2015 | By Sean Duffy | With positive figures being returned on a weekly basis from the Spanish Finance Ministry, Spain appears to have turned a corner in its quest for financial recovery. Yet while the figures are good news for policy makers, the lingering pall of high unemployment continues to cast a shadow over growth prospects.