Spain | Employment growth regained momentum in August after losing steam in July

Summary

Social Security affiliation fell by 193,700, and unemployment increased by 21,900 due to seasonal factors. After adjusting for this factor, it is estimated that the number of contributors rose by 23,000, while the unemployed decreased by 4,500. The percentage of affiliates with temporary contracts increased marginally.

Key points

• Key points:
• Social Security affiliation regained traction.
• All non-agricultural sectors created employment, adjusted for seasonality and calendar effects (CVEC).
• Decline in the number of affiliates to the General Regime with permanent contracts.
• Unemployment increased due to seasonal factors.

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