Automatic

🏖️ Spain's tourism employment in Q2 saw a 3.5% rise from the same period in 2023, reaching 2,965,784 workers. Tourism activities now account for 13.7% of total Spanish economic employment. Active tourism workers surpassed 3 million (3,264,381), a 4.3% year-on-year increase. The unemployment rate in tourism stood at 9.1%, below the national rate of 11.3%. Hospitality jobs grew by 4%, with food/beverage services up 3.5% and accommodation services up 5.3%. Passenger transport employment rose by 8.6%, and travel agencies saw an 8% hike. Salaried employees (2,474,024) increased by 3.9%, particularly in passenger transport (7.2%) and hospitality (5.2%). Permanent contracts in tourism rose by 8.4%, marking the twelfth consecutive increase, while temporary contracts fell by 14.5%. The top regions for tourism jobs were Catalonia, Madrid, Andalusia, and the Valencia region, with La Rioja experiencing the biggest drop at 22.8%.

💸 Spanish consumer spending at travel agencies fell for two consecutive months with a 1.5% drop in July, following a 3% decline in June. In contrast, hotel spending increased by 3.7%. Overall, Spain's consumption in July grew by 3.6% year-over-year, driven by in-person spending, while e-commerce remained strong with a 13% rise. Foreigner spending in Spain grew by 13%, albeit 2 percentage points lower than in June. Cultural and entertainment expenditures rose by 7.3%, transportation by 8.1%, and even gas stations saw a 0.6% increase.