Spain | February consolidates a good start to the year for employment

Summary

Social Security affiliation rose strongly in February (88,900) and unemployment practically stagnated (2,600). After adjusting for seasonality, it is estimated that both the number of Social Security affiliation (83,000) and temporary employment rate grew (to 55.5%), while unemployment fell (-29,000).

Key points

• Key points:
• Social Security affiliation rebounded strongly in February.
• Services led the improvement in Social Security affiliation.
• Temporary employment rate rose.
• Seasonal and lower-than-expected increase in registered unemployment.
• All sectors contributed to the fall in unemployment.

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