Spain | November labor records were positive and in line with expectations

Summary

Social Security gross affiliation stagnated and registered unemployment fell by 33.500. Excluding seasonality (CVEC), employment continued to increase (30.000) and temporality in hiring maintained its rate of decline (to 53,7%). Unemployment fell (-35.000 CVEC), but employed job seekers increased.

Key points

• Key points:
• Social Security affiliation grew net of seasonal factors.
• All non-agricultural sectors created employment.
• New low in temporary employment.
• Fall in registered unemployment and rise in the number of employed job seekers.
• All productive sectors contributed to the reduction in unemployment.

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