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Published on Tuesday, November 5, 2024

Spain | The labor market continued to gain momentum in October

Summary

Social Security affiliation grew by 134,300 people and unemployment increased by 26,800. Seasonally adjusted, the number of employees rose by 55,000, while the number of unemployed fell by 13,000. Additionally, the percentage of affiliates with temporary contracts decreased.

Key points

  • Key points:
  • Social Security affiliation grew strongly. All sectors created jobs.
  • Affiliates under the General Regime with permanent contracts increased.
  • Generalized drop in seasonally adjusted unemployment (CVEC), especially in services.

Geographies

Documents and files

Report (PDF)

registros_laborales_oct24.pdf

Spanish - November 5, 2024

Authors

JG
Juan Ramón García BBVA Research - Principal Economist
CU
Camilo Ulloa BBVA Research - Principal Economist
SV
Sirenia Vázquez BBVA Research - Principal Economist
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