Articles
Looking beyond Spanish banks’ profitability
The Spanish banks reported sharp earnings growth in 2023, with the six largest banks recording over €26 billion in profits on aggregate, up 27% from 2022. This situation has prompted a deep dive into the issue in an attempt to understand the role these earnings…
Rental affordability in Spain: Trends and variations across regions
Autores:
Romero-Jordán, Desiderio
Residential rents have increased sharply over the past decade, with average household expenditure on rent increasing by 27.7% between 2015 and 2022- well above the growth in average household income – yet with notable differences across the Spanish regions. The rent control policies introduced in…
Spain’s youth: Precarious employment and unaffordable housing
The fragility of the Spanish job market, characterised by a high incidence of temporary contracts and high structural unemployment, particularly impacting the Spanish youth, has led to an increased concentration of young people in major urban areas due to migration in search of work opportunities.…
Growth in Spanish labour demand: Evidence from online job postings
Labour demand in Spain appears to have weathered the effects of the pandemic, as evidenced by sustained growth in job postings, despite a more significant initial drop in hiring compared to other countries in 2020. This, together with other trends, appears to support part of…
Labour market challenges in Spain
The performance of Spain’s labour market has improved, approaching European standards, supported by a mix of reforms and demographic changes. Jobs are now much more resilient to recessionary pressures; yet, two key weaknesses remain, namely the relatively low chances for re-employment for jobseekers, making unemployment…