Spain | Positive start to the year for employment
Published on Thursday, February 2, 2023 | Updated on Thursday, February 2, 2023
Spain | Positive start to the year for employment
Summary
Social Security affiliation fell in January due to negative seasonality (215,000) and unemployment increased (70,700). Excluding this factor, it is estimated that the number of affiliated workers increased by 47,000 and the number of unemployed by 6,000, while temporary employment fell (53.2%).
Key points
- Key points:
- Social Security affiliation evolved positively in January.
- All sectors increased employment.
- Temporary employment decreased.
- Registered unemployment and employed job seekers increased.
- The services sector was responsible for the change in the unemployment trend.
Geographies
- Geography Tags
- Spain
Topics
- Topic Tags
- Regional Analysis Spain
Authors
Alfonso Arellano
Juan Ramón García
BBVA Research - Principal Economist
Camilo Ulloa
BBVA Research - Principal Economist