Market Updates: Spanish Unemployment Rate is Out – No Surprises Here - Forex News by FX Leaders

Market Updates: Spanish Unemployment Rate is Out – No Surprises Here

Posted Tuesday, January 29, 2019 by
Arslan Butt • 1 min read

Quick Update: The National Statistics Institute has released the Spanish labor market report. As per the release, the number of employed workers increased by 36,600 in the fourth quarter of 2018 compared to the previous quarter (0.19%) and stands at 19,564,600.

In terms of seasonally adjusted numbers, the quarterly variation is 0.91%. Employment has grown by 566,200 (2.98%) in the last 12 months. The EUR/USD hasn’t made major moves on the release.

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About the author

Arslan Butt // Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
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