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Spain’s Labor Market Rebounds in September With Job Gains and a Rare Drop in Unemployment

Back-to-school hiring in education powered a recovery beyond typical seasonal patterns.

Overview

  • Social Security affiliation increased by 31,462 in September to about 21.67 million, with seasonally adjusted growth near 56,000.
  • Registered unemployment fell by 4,846 to 2,421,665, the lowest September level since 2007 excluding the pandemic years.
  • Education led the rebound with roughly 61,000–64,000 hires, offsetting job losses in commerce and hospitality.
  • Migrant workers accounted for about six in ten new occupied persons, and self-employment (RETA) rose by 7,581 to around 3.41 million.
  • Hiring remained brisk with about 1.53 million contracts signed and 43% indefinite, as regions diverged with declines in Catalonia, the Canary Islands and the Valencian Community and an increase in Andalusia.