- The reduction in unemployment in Spain throughout 2023 is largely attributed to the public sector.
- Employment increased by 540,000 affiliates last year, despite the economic slowdown.
- Education and health were the sectors that contributed the most to this increase.
- The construction and manufacturing sectors have suffered significant employment falls.
- The executive has added barriers to hiring, increasing labor costs.
Conclusion: For greater convergence with the EU in terms of employment, Spain needs severe labor market and educational system reforms.