In April, Spain’s labor market achieved record results, with 200,000 new jobs created and a surge in job creation that led to the number of average Social Security affiliates surpassing 21 million. This is a milestone not reached since records began in 2001. Additionally, 60,500 people were able to leave the ranks of the unemployed, resulting in a total of 2,666,500 unemployed individuals – the lowest figure in 16 years.
The growth was driven by the hospitality sector, which created the most jobs in April. This surge led to an increase in permanent contracts as well, with around 14 million registered. Geographically, regions such as the Balearic Islands, Andalusia and Catalonia saw the most job creation. Comparing the results to a year ago shows that this growth is even more significant with almost half a million more workers than in the previous year. Unemployment also saw a significant decline particularly benefiting women.
Despite Easter falling in March and not April, the labor market showed remarkable strength with positive dynamics in both job creation and reducing unemployment. The month also saw an increase in self-employed workers reaching their highest number in 16 years. Overall, April’s labor market performance was historic and marked a significant milestone in Spain’s employment landscape.