Searcher
Searcher
See main menu
Compartir RRSS Cerrar RRSS

Published on Monday, January 5, 2026

Spain | The labor market ended 2025 on a positive note

Summary

In December, Social Security affiliation increased by 19,200 people and unemployment fell by 16,300. After seasonal adjustment (SA), the number of contributors is estimated to have risen by 31,000, and the number of unemployed declined by 7,000. Overall, 2025 ended with 487,300 more affiliates and 155,000 fewer unemployed

Key points

  • Key points:
  • Job creation slowed in December, due to the services sector
  • The decline in unemployment moderated, but was broad-based
  • Stronger labor market momentum in the fourth quarter

Geographies

Documents and files

Report (PDF)

Spain | The labor market ended 2025 on a positive note

Spanish - January 5, 2026

Authors

Juan Ramón García
Juan Ramón García Principal economist for Spain & Portugal
BBVA Research
More information
Camilo Ulloa
Camilo Ulloa Principal economist for Spain & Portugal
BBVA Research
More information

You may also be interested in