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Published on Friday, September 2, 2022

Spain | August labor registrations show signs of moderation in activity

Summary

Social Security enrollment declined (190.000), unemployment increased (40.400) and temporary employment practically stagnated. Seasonally adjusted, this pattern continued: employment fell again (-20.000), while unemployment rose for the third time in a row (15.000) and temporary employment remained stable.

Key points

  • Key points:
  • Social Security enrollment fell once again.
  • Services were the main responsible for the drop in employment
  • Temporality remains practically unchanged.
  • Unemployment rose for the third consecutive month due mainly to the service sector.

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Report (PDF)

registros_laborales_ago22.pdf

Spanish - September 2, 2022

Authors

AA
Alfonso Arellano
JG
Juan Ramón García BBVA Research - Principal Economist
CU
Camilo Ulloa BBVA Research - Principal Economist
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