Spain October unemployment +43,128; Social Security hits record 186,612 new affiliates

Spain's registered unemployment rose 1.81% in October, adding 43,128 people to reach 2,422,633, while Social Security affiliates surged by 186,612 to a new all-time high. The mixed data suggests labor market resilience despite seasonal unemployment uptick, with record employment levels supporting growth. Uncertainty remains over whether the unemployment rise signals a trend shift or typical October seasonality.

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