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Published on Thursday, June 2, 2022

Spain | Labor market improvement met expectations in May

The increase in temporary employment boosted Social Security enrollment (213,600 people) last month, while unemployment fell (-99,500 people). Seasonally adjusted, this pattern was maintained. Employment grew (70,000 people) and the temporary employment ratio (up to 63%) while unemployment fell (-55,000).

Key points

  • Key points:
  • The evolution of Social Security enrollment was positive, as expected
  • Seasonality increased
  • Unemployment continued declining in May

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