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    Published on Tuesday, November 5, 2024

    Spain | The labor market continued to gain momentum in October

    Summary

    Social Security affiliation grew by 134,300 people and unemployment increased by 26,800. Seasonally adjusted, the number of employees rose by 55,000, while the number of unemployed fell by 13,000. Additionally, the percentage of affiliates with temporary contracts decreased.

    Key points

    • Key points:
    • Social Security affiliation grew strongly. All sectors created jobs.
    • Affiliates under the General Regime with permanent contracts increased.
    • Generalized drop in seasonally adjusted unemployment (CVEC), especially in services.

    Geographies

    Authors

    Juan Ramón García BBVA Research - Principal Economist
    Camilo Ulloa BBVA Research - Principal Economist
    Sirenia Vázquez BBVA Research - Principal Economist

    Documents and files

    Report (PDF)

    registros_laborales_oct24.pdf

    Spanish - November 5, 2024

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