economy
April 6, 2026
Spain Records Record Employment Growth Despite Global Tensions
The labor market in Spain continued its strong upward trend despite global tensions, as the number of employed people in March increased by 211,510 monthly, bringing the total number of insured individuals to 21.88 million, a record value since statistics began in 2001.
TL;DR
- Spain's employment saw a monthly increase of 211,510 in March, reaching a record 21.88 million insured individuals.
- Seasonally adjusted employment exceeded 22 million for the first time.
- The tourism and hospitality sector was the main driver of job growth, creating nearly 80,000 new positions.
- Significant growth was also observed in construction, administrative services, healthcare, and industry.
- Almost half of new contracts were permanent, but flexible employment forms are increasing.
- Registered unemployment decreased by nearly 23,000 in March to 2.43 million, the lowest for March since 2008.
- The largest drops in unemployment were seen in tourist-oriented regions like Andalusia, Catalonia, and Valencia.