Employment rises, unemployment falls due to Holy Week, but 141,000 jobs lost on March 31st
Boosted by the start of Holy Week (Semana Santa), hiring grew in March compared to both February and March 2025, when the holiday period took place later in April. Consequently, unemployment fell by 22,934 people in March, a decrease of 0.94%. However, this required the signing of 1,311,000 contracts. Of these, nearly 577,000 were permanent contracts (contratos indefinidos). If they were truly permanent—and not just in name only—unemployment would be…
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