Spain | The labor market made a strong start to 2025

Summary

Social Security affiliation declined due to seasonal factors (-242,100), while unemployment increased (38,700). However, after adjusting for seasonality, the number of contributors rose by 35,800, and the unemployed fell by 25,800. The impact of the dana on the labor market appears to have fully reversed.

Key points

• Key points:
• Social Security affiliation grew at a steady pace, driven by non-agricultural sectors.
• The temporary employment rate in the General Regime continued to decline.
• The impact of the data on employment in the province of Valencia appears to have fully reversed.
• Unemployment rose less than expected and only due to seasonal factors.
• The services and construction sectors were key drivers of the positive unemployment trend.

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