The average number of workers registered in Spain in February was 20.17 million, an increase of 88,918 compared to January and 475,870 compared to a year ago. This increase is the best figure achieved in the month of February, surpassing even the time of the real estate bubble in 2007 and 2008. It also marks the highest growth in January since 2015. The Secretary of State for Employment and Social Economy, Joaquín Pérez Rey, has highlighted that this is due to the capacity of the Spanish labor market and the structural changes of the progressive coalition government.
On the other hand, the number of unemployed has hardly changed with respect to last month; it has grown by 2,618 people, to 2.91 million unemployed. The increase stems from the incorporation of young people and women into the labor market and not from job losses. By economic sector, registered unemployment has decreased in the services sector, industry, and construction but has increased in agriculture. The number of unemployed has fallen in nine communities, among which the Valencian Community, Castilla y León, and Castilla-La Mancha stand out, and has risen in eight autonomous communities, with the Community of Madrid leading the way.
By gender, female unemployment has increased and male unemployment has decreased. In general, the Spanish labor market has resisted the doubts threatening the economy and has shown itself to be stable and resilient in the face of the problems of the international economic situation.