Spain | The labor market continued to gain momentum in October
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
- Geography Tags
- Spain
Topics
- Topic Tags
- Regional Analysis Spain
- Employment
Authors
Juan Ramón García
BBVA Research - Principal Economist
Camilo Ulloa
BBVA Research - Principal Economist
Sirenia Vázquez
BBVA Research - Principal Economist