The Spanish labor market is relatively stabilizing, yet it remains precarious. Unemployment rates are no longer rising as fast as they did during the early stages of the crisis and will probably decrease marginally in 2014. However, the workforce is shrinking, and those who are lucky enough to find a job are unlikely to sign permanent contracts or work full time. According to official data, the total number of unemployed people fell by 1.1 percent year-on-year (or by 69,000 people) in the final quarter of 2013, the first annual reduction since the second quarter of 2007. But at the same time, the active population — people who are working or looking for a job — fell by 1.17 percent (or by 267,900 people). Spanish Unemployment The figures also reveal that most of the jobs being created in Spain are part time.