Spain reaches record employment of 22.5 million amid migrant regularization
El Salto
- Spain's Social Security affiliation reached a record average of 22.5 million workers in July, an increase of over 41,000.
- Registered unemployment rose slightly by 19,517 to 2,311,499, the lowest July figure since 2007.
- Migrant worker regularization significantly boosted formal employment figures.
Employment Figures and Migrant Regularization
- The record-breaking growth in affiliation was largely driven by the regularization of migrant workers, allowing them to formalize previously informal labor relationships.
- As of July 30, 262,475 foreign workers were affiliated due to regularization programs.
- In July alone, 66,046 migrant workers registered with Social Security, bringing the total number of foreign workers in Spain to 3.5 million, representing 15.6% of the total workforce.
Unemployment Analysis
- The service sector saw the largest rise in unemployment, adding 8,221 jobless individuals.
- The "no previous employment" category grew by 8,268 people.
- Construction saw a decrease in unemployment (down 2,433), as did industry and agriculture (minimal declines).
- Female unemployment rose by 7,700 in July, totaling 1,396,016, though this is a decline of 63,967 over the past year.
- Youth unemployment (under 25) saw a minor monthly decrease of 238 people, resulting in a record-low total of 159,562.