employment

Youth training in Spain must adapt to the needs of the labor market in a more global, interconnected and ever-changing world in which talent is key. The school dropout rate, inefficient career guidance and the mismatch between the education system and business fabric are the main causes of the high level of youth unemployment in … Continued

Asi estát he economy july 2017 Circulo de Empresarios de Círculo de Empresarios

Así está the economy jun 2017 Círculo de Empresarios from Círculo de Empresarios

SPAIN National Accounts 4Q 2016 (INE) In 2016 the Spanish economy grew 3.2% year-on-year, reaching a nominal GDP of 1.113trillion euros. In the 4Q, the GDP increased 0.7% quarter-on-quarter and 3% year-on-year (vs. 3.2% in the 3Q of 2016). The contribution of domestic demand to annual GDP growth in the 4Q was 2.2 points, three … Continued

SPAIN Employment January 2017 (Ministry of Employment and Social Security) Registered unemployment rose by 57,257 persons from December to reach 3,760,231, one of the lowest levels of the past seven years. In year-on-year terms, the number of people without work dropped by 390,524 (down 9.41%), the largest decline since 1999. In December there were 1,633,592 … Continued

SPAIN Employment December 2016 (Ministry of Employment and Social Security) Registered unemployment was reduced by 86,849 persons with respect to November, for a total of 3,702,974 unemployed persons, one of the lowest levels of the past seven years. In year-on-year terms, it dropped by 390,534 (-9.54%), the greatest drop since 1999 and a descent of … Continued

Payment performance Average payment time (INFORMA) In the 2Q of 2016 the average payment period continued to drop, reaching 91.48 days, its lowest level since the 2Q of 2014, and 3.37 days lower in year-on year terms. For its part, the proportion of punctual payments by companies (47.52%) increased 4 percentage points in comparison with the same quarter of the previous year. … Continued

SPAIN 2015 regional GDP In 2015, the average rate of economic growth in Spain’s regional communities was 3.2%, but three of them grew at an even higher rate: Valencia (3.6%), Madrid (3.4%) and Catalo-nia (3.3%). By contrast, Cantabria (2.6%), Aragón (2.7%) and the autonomous city of Melilla (2.7%) registered the lowest rates of growth. Overall, … Continued

According to the Association of Alternative Stock Market Companies (AEMAB), at the end of 2014 this market had 28 companies. By size, 29% are large (+250 employees), some 32% are mediumsized (50-249 workers) and the rest are micro (0-9) and small firms (10-49).

In the active population survey for the third quarter of 2015, Spain’s employment rate among the total population of more than 16 years reached 46.9% and the total number of employed workers was 18,048,700, following a 1.02% quarterly increase (+182,200 = 152,100 in the private sector and +30,100 in the public sector). The annual progress … Continued

SPAIN Accounting Q2 2015 – INE In the Q2, GDP increased 1% quarterly and 3.1% year-on-year, essentially because of internal demand (3.3). Spending on household consumption increased 3.5% year-on-year, similar to the Q1, because of increased employment (2.9%, or 477,000 new jobs) and greater family disposable income (because of a drop in the price of … Continued

SPAIN Growth Quarterly National Accounts (INE) In the 1Q of 2015 the Spanish economy experienced its greatest annual advance since 2007: 2.6% (2% 1Q 2014), thus linking six positive quarters. The quarter-on-quarter rate rose 0.9% (0.7% 4Q 2014). This recover is based on greater private consumption, improved expectations and better financial conditions, and the drop … Continued

SPAIN Outlook for growth The Bank of Spain has upped by eight-tenths of a point its outlook for GDP growth for 2015: up to 2.8%, thanks mainly to the correction of imbalances and the improve-ment in the macro-financial climate of the Spanish economy. Other reasons for the rise: A drop in the price of crude … Continued