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Madrid creates 1 in 5 jobs in Spain and sets a historic record for affiliation
Madrid is accelerating its economic pace, and it’s already noticeable on the streets. The region is close to 3.9 million people registered with the Seguridad Social, a historic record that translates into more activity in neighbourhoods, shops, and transport every day.
Growth is steady. Over the past year, more than 115,000 jobs have been created, a 3.1% increase that puts the region above the national average. According to Seguridad Social data, one in five new jobs in Spain is generated here.
Unemployment is also continuing to fall. April ends with 276,376 people out of work, the lowest level for this month since 2008. The drop is spread across different sectors and age groups, with a particular impact in areas like construction.
The momentum isn’t limited to salaried employment. Madrid has added more than 5,500 new self-employed workers in a year, reaching its highest figure yet. This reinforces the idea of a city where starting a business remains a real way to enter or stay in the job market.
This context is changing everyday decisions. More jobs mean more consumption, more activity on the streets, and more opportunities, but also put pressure on services and housing. Growth isn’t just a number; it’s reflected in how the city is lived in and moves.
Madrid is thus consolidating its role as the country’s economic engine. When employment grows at this rate, the impact reaches all aspects of urban life, from neighbourhoods to the way the city’s future is planned.