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    Published on Thursday, June 2, 2016

    Spain | Affiliation grows again as unemployment drops under the 4 million mark

    Summary

    Labour market records continued to have a positive trend in May, in line with what was expected. After controlling for stationarity, social security affiliation grew by around 40 thousand affiliates, the same number in which registered unemployment was reduced. The growth in employment continues to rely on the service sector.

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    Authors

    Juan Ramón García BBVA Research - Principal Economist
    Camilo Ulloa BBVA Research - Principal Economist

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    Flash_paro_may16

    Spanish - June 2, 2016

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