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2w ago

Spain’s Employment Hits New Peak as Unemployment Falls Below 2.5 Million

Foreign-born workers have passed three million, underpinning a tourism-driven employment surge.

Turistas en la playa de Levante de Benidorm
Image
Trabajadores del sector de la construcción en una obra.
Chiringuitos en la playa de Rodeira, en Cangas. | Gonzalo Núñez

Overview

  • Social Security affiliates topped 21.78 million in May, marking a new high after adding 195,736 jobs in the spring hiring season.
  • Unemployment dropped by 57,835 to 2.454 million, the lowest level since July 2008, with declines across all industries and autonomous communities.
  • Affiliations from foreign-born workers reached over three million for the first time, representing nearly 40% of new hires.
  • Hospitality led the job gains with 76,000 positions added, while self-employment climbed to a record 3.41 million.
  • Regional trends varied: Catalonia added 37,065 jobs, Valencia hit 2.21 million affiliates, and Extremadura recorded its lowest unemployment since 2001.