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Published on Tuesday, January 4, 2022 | Updated on Tuesday, January 4, 2022

Spain | The labour market closed 2021 on a positive note, despite COVID-19.

Social Security affiliation grew by 72,600 in Dec-21 and unemployment fell by 76,800, more than expected. Seasonally adjusted, employment rose by 73,000 and unemployment dropped by the same amount. In Q4, the increase in affiliation kept its pace (1.1% QoQ SWDA) and the reduction in unemployment slowed (-6.6%).

Key points

  • Key points:
  • La evolución del número de cotizantes a la Seguridad Social volvió a superar las expectativas
  • 232.265 trabajadores afiliados con actividad limitada: 124.087 asalariados cubiertos por ERTE y 108.178 autónomos con prestación
  • La temporalidad repuntó
  • La reducción del paro continuó
  • La recuperación del mercado laboral se prolongó en el 4T21 a pesar del aumento de la incidencia de COVID-19

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