Urgent.News

What's breaking now, across thousands of outlets.

Business

The education sector and foreigners are propping up employment with more than 186,000 new affiliates in the best October in the series.

Three out of four contributors registered in the last year are foreigners, although their impact began to ease last month.

Translated from Spanish Read in Spanish

The education sector and foreigners are propping up employment with more than 186,000 new affiliates in the best October in the series.

The Spanish Ministry of Inclusion, Social Security and Migrations reported that the Social Security system gained 186,612 affiliations in October, a record high. The education sector accounted for 171,000 of these new affiliations, bringing the total number of contributors to 22,624,165. This makes October the best October on record since the comparable series began in 2002. The employment growth supports Spain's economic growth, which was 2.7% in the second quarter, driven by consumption and public spending.

Written by urgent.news from El Pais Economia's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at elpais.com →

More in Business

Sporta gets £5m injection as it seeks UK banking license

Sporta’s bid to become the UK’s first authorised bank dedicated to sport has been boosted by a £5m cash injection from a London-based private equity house. The Lazaroo-Hood Group, which also has a base in Jersey, will make the organisation Sporta’s largest shareholder, alongside the firm’s founders.

More from Wednesday 4 November →