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Published on Thursday, July 24, 2025 | Updated on Thursday, July 24, 2025

Spain | Positive employment figures for the close of the first half

Summary

Once the favorable seasonality is discounted, employment rose 0.7% quarterly (SWDA), one tenth more than Social Security affiliation. Likewise, hours worked increased by 0.3% SWDA and temporary employment rates (down to 15.3% SWDA) and unemployment rates (down to 10.5% SWDA) dropped.

Key points

  • Key points:
  • Employment maintained its growth rate, and hours worked recovered.
  • All sectors created jobs.
  • The temporary employment rate increased, but only due to seasonal causes.
  • New decrease in the unemployment rate in a context of greater labor participation.
  • Employment grew in almost all autonomous communities, led by Asturias and Extremadura.

Geographies

Documents and files

Report (PDF)

EPA_2Q25

Spanish - July 24, 2025

Authors

GC
Giancarlo Carta BBVA Research - Senior Economist
JG
Juan Ramón García BBVA Research - Principal Economist
CU
Camilo Ulloa BBVA Research - Principal Economist
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