Employment shatters another record following the massive hiring of teachers in October, but unemployment rises by more than 43,000 people

Recent employment data reveals a record high of over 22.6 million affiliates in Spain, driven by significant hiring in the education sector. However, unemployment also rose by 43,128 individuals, marking the largest increase since 2020. Despite the growth in employment, the job market shows signs of strain, with a notable rise in unemployment among youth and in the services sector. The influx of foreign workers, largely due to a recent regularization process, has contributed significantly to employment figures, with foreign affiliates now representing 16.4% of total affiliates. The hospitality sector experienced the largest job losses, while education saw substantial gains.