Market Updates: Spanish Unemployment Rate is Out – No Surprises Here
Arslan Butt•Tuesday, January 29, 2019•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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Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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