Spain Cuts Unemployment to 2.32 Million as Social Security Affiliates Hit Record 22.3 Million
Updated
Updated · Euronews · Jun 2
Spain Cuts Unemployment to 2.32 Million as Social Security Affiliates Hit Record 22.3 Million
3 articles · Updated · Euronews · Jun 2
36,323 fewer people were registered as unemployed in Spain in May, taking the total to 2.32 million, the lowest level for that month since 2007.
231,975 more Social Security contributors lifted total affiliation to a record 22.3 million, with hospitality adding nearly 66,000 jobs as summer tourism hiring accelerated.
64 straight months of seasonally adjusted employment growth pushed the adjusted workforce to 22.1 million; foreign workers reached 3.36 million, about 15% of all affiliates.
164,955 unemployed under-25s marked a record low for youth joblessness, while women without work fell to 1.4 million, the lowest May figure since 2008.
Balearic Islands posted the biggest monthly gains with nearly 48,200 more contributors, while permanent contracts accounted for 43.2% of May hiring.