Esade Employment Target (EAPS)
The Jobs Target complements the Esade Economic Target and uses the same methodology. It analyses the job market forecasts made by organisations compiled by the FUNCAS panel in the autumn before the year studied – and compares these forecasts with the officially published survey of the working population known as the Encuesta de Población Activa (EPA). Deviations are always calculated in absolute value (positive sign) and each point on the graph represents a deviation point on the official unemployment rate (EPA).
Esade Jobs Target Data (EAPS)
The forecasts used are compiled by the FUNCAS panel each September for the year ahead.
The actual unemployment rate is published by the National Institute of Statistics in its EPA survey for the fourth quarter of the studied year.
Each publication of the Esade Economic Target also analyses:
The degree of deviation in the forecasts for the current year.
The accuracy ranking of the forecasts for the current year and a comparison with the previous year.
An historical comparison of the overall average of forecast deviations.
Evolution vs Deviation
The average deviation is the average of the deviations for all organisations for the year.
The actual unemployment rate is published by the National Institute of Statistics in its final EAPS survey of the year.