Spain | The labor market met positive expectations in November

Summary

In November, Social Security enrollment fell by 14,400 people and unemployment by 18,800. After seasonal adjustment (SA), it is estimated that the number of contributors grew by 45,000 and the number of unemployed fell by 10,000. The temporary employment rate fell marginally to 13.5% (SA).

Key points

• Key points:
• Job creation remained positive in November.
• Most of the employment dynamics can be explained by the services sector.
• Marginal decline in the temporary employment rate.
• Further reduction in unemployment across all sectors of activity.

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