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    Published on Thursday, May 4, 2023 | Updated on Friday, June 2, 2023

    Spain | Labor market records in April showed a good start of the second quarter

    Summary

    Social Security affiliation increased last month (238.400) and unemployment fell (-73.900). After adjusting for seasonality, employment grew by 120.000, the temporary employment rate fell (to 57.3%) and also did unemployment (-33,000).

    Key points

    • Key points:
    • Social security affiliation exceeded expectations in April.
    • All sectors created employment, led by services sector.
    • Temporary employment rate decreased.
    • New decrease in registered unemployment and employed job seekers.
    • Generalized reduction in unemployment.

    Geographies

    Topics

    Authors

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

    Documents and files

    Report (PDF)

    registros_laborales_abr23.pdf

    Spanish - May 4, 2023

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