Social Security affiliation increased by 92,300 people and unemployment by 23,600. Adjusted for seasonality, an increase of 103,000 contributors and 9,000 unemployed people is estimated. In 3Q26, employment and unemployment increased by 1.1% quarter-on-quarter CVEC due to the extraordinary regularization of immigrants.

The Spanish labor market shows a duality: strong job creation but stagnant productivity. In this context, generative artificial intelligence (AI) emerges as an opportunity, although its impact will be uneven. Exposure to AI is higher in skilled occupations and in regions like Madrid.