Recorded unemployment rises by 7,255 people in November

This means that recorded unemployment now stands at 3,474,281, and remains at its lowest level for the last eight years. In seasonally-adjusted terms, recorded unemployment fell by 22,744 people.

Over the last 12 months, unemployment has fallen by 315,542, with a year-on-year reduction in recorded unemployment of 8.33%. Specifically, unemployment among the under-25s has fallen by 34,164. Over the first 10 months of 2017, unemployment has fallen by 228,693 people.

Recorded unemployment has fallen in eight autonomous regions, principally in Madrid (down 8,191), Andalusia (down 3,114) and the Region of Valencia (down 2,486). It has risen in the other nine regions, mainly in the Balearic Islands (up 12,586) and Catalonia (up 7,391).

By sector of economic activity, recorded unemployment fell among first-time job-seekers by 6,160, in the construction sector by 3,717, in the agriculture sector by 2,929 and in the industrial sector by 2,977, and rose in the services sector by 23,048.

Highest number of permanent employment contracts on record

The number of contracts registered in the month of November amounted to a total of 1,818,339. This represents an increase of 74,631 (up 4.28%) on the same month in 2016.

A total of 170,732 permanent employment contracts were recorded in November 2017, the highest figure for a month of November in comparable terms. This is double the figure posted in November 2011 (83,919), and represents a year-on-year increase of 10.3%, which contrasts with the growth of 3.7% in temporary employment contracts. This is the 46th straight month of uninterrupted growth in permanent employment contracts.

There was noteworthy growth in stable recruitment of young people under the age of 25 of 20.8% in the first 11 months of 2017 compared with the same period of last year.

Full-time permanent contracts rose by 14% and are the form of contract to enjoy the largest increase.

Non official translation