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Diario PYME

Madrid's Labor Market Shows Record Affiliation Growth, But Unemployment Rises Slightly

The Community of Madrid closes March with nearly 3.9 million affiliates to Social Security, the highest figure in its history, although unemployment and ERTEs experience a slight increase.

Generic image of two people shaking hands in an office setting, symbolizing labor agreements or economic growth.
IA

Generic image of two people shaking hands in an office setting, symbolizing labor agreements or economic growth.

The Community of Madrid concluded March with a historic record in Social Security affiliations, reaching almost 3.9 million contributors, while registered unemployment and the number of workers on ERTEs saw a slight increase.

According to data from the Ministry of Inclusion, Social Security and Migrations, the region added 21,719 contributors in March, a 0.56% increase from the previous month, bringing the total to 3,879,420 affiliates. This year-on-year growth of 2.99% represents 112,598 more employed individuals than in March 2025, solidifying Madrid as one of Spain's most dynamic labor markets.
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"One in five jobs created in Spain are created in the Community of Madrid. We are already close to 3.9 million Social Security affiliates. We must also celebrate that we have the highest number of self-employed workers in our history, our heroes, who have grown by 1%, reaching 441,542 self-employed workers."

Rocío Albert · Minister of Economy, Finance and Employment of the Community of Madrid
Growth is mainly concentrated in the General Regime, with 3,434,177 workers, followed by the self-employed, who number 441,542 contributors. There are also 3,700 affiliates in the Sea Regime and 94,759 in the domestic services sector, reflecting an active labor market with notable differences across sectors.
Despite the increase in affiliation, registered unemployment in Madrid rose slightly in March, with 342 more people, a 0.12% increase, totaling 282,625 unemployed individuals. This marks the third consecutive month of increases, concentrated in the services sector and among young people under 25. Nevertheless, the number of unemployed in Madrid remains the lowest for a March month since 2008, with a year-on-year decrease of 3.81%.
The number of workers on ERTEs also increased, reaching 1,096 people in March, 239 more than in February. Of these, 901 are on ERTEs due to economic, technical, organizational, or production reasons (ETOP), and 195 due to force majeure. The majority (800) are on full ERTEs, indicating that some companies have not yet fully recovered their activity.
Regarding hiring, Madrid registered 189,212 contracts in March, a 15.7% increase from February, although with an 11% year-on-year decrease. Permanent contracts accounted for 51.19% of the total, with 95,532, while temporary contracts numbered 93,680. The services sector concentrated most contracts, followed by construction and industry.

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