Spain | Job creation continued in August

Summary

Social Security affiliation fell by 162,800 people and unemployment grew by 44,400. Adjusted for seasonality, an estimated rebound of 74,000 contributors and 10,500 unemployed is estimated. The extraordinary regularization of immigrants may have added 211,000 foreign affiliates and 64,900 unemployed up to August.

Key points

• Key points:
• Seasonally adjusted job creation remains high.
• Services dominated the evolution of affiliation, and the extraordinary regularization continued to boost it.
• Uneven evolution of affiliation by contract type.
• Registered unemployment increased for the second consecutive month, with the group without previous employment and the services sector being the main ones responsible.
• Both the Spanish and foreign populations contributed to the rise in unemployment.

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