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The improvement in the effective stability of employment has been more limited. An evolution that Miguel Cardoso, chief economist for Spain and Portugal at BBVA Research, views positively, although he points out that "the improvement in the effective stability of employment has been more limited," as there is still a high turnover, a "vulnerability" that is "especially present among groups with temporary contracts." #MercadoLaboral #EstadísticasDeEmpleo #FijosDiscontinuos (translated)

In an environment of high volatility in the markets, their absence can contribute to doubts about the evolution of the fiscal consolidation process in the medium term. Miguel Cardoso, Chief Economist for Spain and Portugal at BBVA Research, explains to this newspaper that the absence of budgets represents a source of uncertainty for institutions and companies that use them as a reference, whether as a guide for preparing their accounts - such as the autonomous communities - or for their investment prospects, those that depend on public works. #Elecciones2026 #PresupuestosGenerales #EconomíaEspañola (translated)