Unemployment falls to its lowest level in 17 years in March

The labor market continues to improve, both in Catalonia and in Spain. The Principality led job creation in March in absolute terms, according to data published this Wednesday by the Ministry of Labor and Social Security. The number of registered workers in Catalonia continued to rise, adding 30,196 people in March, an increase of 0.

8%. This means that this month, there were an average of 3,806,813 workers, a figure that once again approaches the absolute employment records recorded during the summer of 2024. In the last year, Catalonia has added 75,732 registered workers to Social Security, an increase of 2.



03%. Registered unemployment fell by 2,556 people compared to February, and the total number of unemployed in Catalonia stands at 331,765, the lowest figure for a March in the last 17 years (since 2008). In the last twelve months, registered unemployment has fallen by 12,624 people, a drop of 3.

67%. Labor market trends Across the country, registered unemployment fell by 13,311 in March, a 0.51% drop, bringing the total number of unemployed to 2,580,138.

The Ministry of Labor also emphasized that this is the lowest figure for a March in the last 17 years, since 2008, when the Great Recession began. In the last twelve months, this number fell by 146,865 people, a decrease of 5.39%.

Looking at registered Social Security affiliation in Spain, the country created 161,492 new jobs, a 0.76% increase compared to the February figure. Thus, there are now 21,357,646 employed people on average in the country, almost half a million more than a year ago.

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