Spain | LFS 2Q22: lights and shadows

Summary

Seasonality boosted employment (383,300) and the unemployment rate fell (12,5%). Seasonally adjusted figures show that job creation was modest (0,6% quarter-on-quarter), but hours worked increased (1,1%) and unemployment and temporary rates fell (12,4% and 22,5%, respectively).

Key points

• Key points:
• Job creation slowed, but not hours worked.
• Employment growth was concentrated in services and industry.
• Indefinite-term contracts and self-employment boosted job creation.
• The unemployment rate declined.
• The archipelagos led job creation in the second quarter.

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