Spain | The labor market closed October with positive signs

Summary

In October, Social Security affiliation increased by 141,900 people and unemployment rose by 22,100. After seasonal adjustment (SA), it is estimated that the number of contributors rose by 57,000 and the number of unemployed fell by 13,000. The temporary employment rate fell marginally to 13.6% SA.

Key points

• Key points:
• Job creation met expectations in October.
• Services were once again the driving force behind employment.
• More affiliations with indefinite contracts.
• Seasonal increase in unemployment.
• Unemployment declined in all sectors.

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