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Published on Friday, November 3, 2023 | Updated on Friday, November 3, 2023

Spain | More employed people in October, and also more unemployed people

Summary

Both Social Security affiliation (92,900 people) and unemployment (36,900) increased. Seasonally adjusted, the number of affiliated workers grew by 20,000 (4,000 less than in September) and the number of unemployed rose for the second consecutive month (2,500). The temporary employment rate fell by 0.2 pp to 57.6% SWDA.

Key points

  • Key points:
  • Social Security affiliation remained in positive territory.
  • All non-agricultural sectors contributed to seasonally adjusted employment growth.
  • The temporary employment ratio barely retreated.
  • Unemployment increased for the second consecutive month.
  • Services accounted for the increase in unemployment.

Geographies

Topics

Authors

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

Documents and files

Report (PDF)

registros_laborales_oct23-1.pdf

Spanish - November 3, 2023

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