Spain | Registered unemployment stagnated in May, although employment rebounded

Summary

Social Security enrollment grew by 220,300 and unemployment fell by 58,700. Seasonally adjusted, it is estimated that the number of contributors increased by 60,000, but the number of unemployed hardly changed. The percentage of those affiliated to the General Regime with temporary contracts stabilized at 14.4% CVEC.

Key points

• Key points:
• Social Security affiliation slightly exceeded expectations once again
• All sectors, except agriculture, created jobs.
• The temporary employment rate of affiliation to the General Regime stabilized.
• Unemployment halted its decline, due to the service sector

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