Catalonia exceeds 3.8 million workers in May and reduces unemployment to the lowest level since 2008

The month of May marked a turning point in the Catalan labor market, registering a new record of more than 3.8 million workers. This historic milestone anticipates a summer period full of dynamism and opportunities in the regional labor market. According to data provided by the Ministry of Labor and Social Economy of Spain, there is a notable increase of 90,131 workers compared to the same period of the previous year, reflecting a growth of 2.43%.

Furthermore, the decrease in unemployment continues, with a reduction of 6,248 people on the list of job seekers compared to April 2024. This decrease of 1.85% compared to the previous month places the unemployment rate at its lowest level for a month of May since 2008.

The Secretary of Labor of Catalonia, Enric Vinaixa, highlighted the magnitude of these achievements as “unprecedented figures”, highlighting Catalonia’s leadership role in reducing unemployment at the national level. Although he recognized the need to continue improving, especially with regard to the quality of employment, Vinaixa celebrated the significant reduction in youth unemployment and in people over 45 years of age. Regarding the seasonality of employment, he noted a notable improvement compared to previous years, which suggests greater stability in the labor market throughout the year.

Shanghai Jingqingrong Garment chooses Catalonia for its first plant outside China

The Chinese textile company Shanghai Jingqingrong Garment will open its first production plant outside China, located in Catalonia, with an investment of 3 million euros and the creation of approximately 30 jobs. This project has the support of the Government through ACCIÓ. The plant, located in Barcelona (Ripollet), is in the process of adaptation, and the production of knitted products is expected to begin in the first half of 2024.

Roger Torrent, Minister of Business and Labor, highlights the strategic choice of Catalonia by Chinese companies for their expansion, with more than 1,000 million euros invested in the last five years and generating 2,000 jobs. In this context, Shanghai Jingqingrong Garment, founded in 2004 and specialized in global clothing design and distribution, is an example of growing Chinese investment in Catalonia, contributing to a total foreign investment of 1,164 million euros.

Catalonia records the best employment figures in October since 2007

The total number of people registered as unemployed reached 339,693, marking the lowest level for any October since 2007.

Although unemployment increased slightly by 1.27%, with an increase of 4,261 jobseekers according to data published by the Spanish Ministry of Labor on Friday.

At the same time, an increase of 11,882 employed people was observed compared to the previous month. Compared to 2022, this year shows a reduction of 8,303 unemployed workers, representing a decrease of 2.39%.

Record employment in Catalonia in the third quarter, with more than 3.71 million people in work.

The unemployment rate stands at 8.5%, with a total of 345,000 people looking for work at the end of September.

According to the latest Labour Force Survey (EPA) report by the national statistics institute, Catalonia closed the third quarter with a new employment record: more than 3.71 million people in work between July and September, more than 62,400 new jobs compared to the previous quarter.

The only sector in which the number of unemployed has increased is industry (from 4,100 to 25,400). The services sector still accounts for more unemployed than any other sector, with 131,700.