Ostrum
  • News & Chronicles
  • France
  • Euro Area
  • United States
  • International
  • Politics & Society
  • Monetary Policy
  • Media
  • Decoding
  • About Philippe Waechter
Philippe Waechter's blog
  • Insights
  • About us
  • Expertise
  • Our people
  • Media

Philippe Waechter's blog
My french blog
  • News & Chronicles
  • France
  • Euro Area
  • United States
  • International
  • Politics & Society
  • Monetary Policy
  • Media
  • Decoding
  • About Philippe Waechter
  • News & Chronicles
  • France
  • Euro Area
  • United States
  • International
  • Politics & Society
  • Monetary Policy
  • Media
  • Decoding
Philippe Waechter's blog
Prévôté
Previous Next
  • 1 min

Spain: A new momentum on the labor market

  • 2 July 2014
  • Philippe Waechter
  • Unemployment
Total
0
Shares
0
0
0

This chart shows that the economic momentum is changing in Spain. The number of unemployed drops quickly and month after month. The peak was in April 2013 and since then the number of unemployed has been reduced by more than 335 450. This change can be seen on the chart by looking at the blue bars. We clearly see that the business cycle dynamics has changed.
This is consistent with other economic indicators. GDP growth is trending higher, this is also the case for industrial production and companies’ survey shows a rapid improvement (see the PMI survey for June). Employment data are also improving even if the pace is more limited.
Unemployed numbers are still very high but the first step is to create the dynamics of change.
Spain-2014-June-unemployment

Related Topics
  • Unemployment
On the same topic
  • 2 min

The Euro zone slows sharply in March

  • 1 April 2019
  • Actus & Chroniques

Philippe Waechter

The publication March’s Markit indices confirms the downward pressure on activity in the manufacturing sector. The leading indices published for the Euro zone, Germany and France, on March 22, have…
  • Manufacturing Sector
  • Markit
READ
  • 1 min

The shock in the manufacturing sector in Germany: IFO vs Markit

  • 25 March 2019
  • Actus & Chroniques

Philippe Waechter

The modest rebound in the IFO index in March is sometimes interpreted as the counterpoint to the drop of the Markit index released last Friday.There is indeed an opposition in…
  • IFO
  • Manufacturing Sector
  • Markit
READ
  • 1 min

Industrial production shrinks in Euro zone

  • 13 February 2019
  • Actus & Chroniques

Philippe Waechter

With the decline of -0.9% in December, the industrial production of the Euro zone fell by -5.3% over the last quarter (annualized rate). and -2.1% over one year. The slowdown…
  • Euro Area
  • Industrial Production
READ
Subscribe to the newsletter

All the news from Philippe Waechter’s blog in your mailbox

Loading
ABOUT PHILIPPE WAECHTER

Ostrum's expert magazine

ABOUT OSTRUM AM
  • About us
  • Media room
  • Our publications
FOLLOW ME ON
EXTERNAL LINKS
  • Economists
  • Think tank
  • Central banks
  • Blog roll
©Ostrum AM 2019
An affiliate of : Plan de travail 2

Input your search keywords and press Enter.