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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).

In this edition of the QLMO, we examine labour market developments using the information available up to Q3 2025. We review the main aggregate indicators and analyse the challenge of generational replacement.

Social Security affiliation increased by 31,500 people and unemployment fell by 4,800 in September. Adjusted for seasonality (SA), the number of contributors is estimated to have risen by 47,000, while the number of unemployed decreased by 22,000. In 3Q25, employment grew by 0.5% QoQ (SA) and unemployment dropped by 1.1%.

In August, Social Security lost 199,300 contributors and unemployment rose by 21,900 due to seasonal factors. Once seasonally adjusted (SA), the number of contributors increased by 29,900 and the number of unemployed fell by 4,800. The share of temporary contracts in the General Regime stood at 13.7% (SA).

Four years after the last labour reform, the rate of temporary employment in the Spanish labour market has unquestionably fallen. Yet, there is still a high rate of labor turnover and fairly heavy transitions from employment to unemployment.

Social Security affiliation grew by 195,700 people, and unemployment fell by 57,800. After seasonal adjustment (swda), it is estimated that the number of contributors increased by 34,000, and the unemployed decreased by 15,000. The proportion of temporary workers enrolled in the General Regime moderated to 13.5% swda.

Social Security affiliation increased by 161,500 people, and unemployment fell by 13,300. Seasonally adjusted figures show that contributors rose by 44,000 and the number of unemployed decreased by 8,000. In 1Q25, affiliation grew by 0.6% q/q (0.5% in 4Q24), and unemployment dropped by 1.9% q/q (-1.2% in 4Q24).