Spain Employed Persons - Forecast

Employed Persons in Spain is expected to be 19410.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employed Persons in Spain to stand at 19810.00 in 12 months time. In the long-term, the Spain Employed Persons is projected to trend around 20280.00 Thousand in 2020, according to our econometric models.


Spain Employed Persons
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Spain Labour Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 16.74 15.4 15.1 14.9 14.7 13.2
Employed Persons 18874 19410 19650 19700 19810 20280
Unemployed Persons 3285 3000 2890 2750 2670 2500
Unemployment Change -89.97 29.5 -50.8 -38.6 -88.6 -32.1
Part Time Employment 2814 2860 2930 2890 2860 2880
Full Time Employment 16060 16550 16720 16810 16950 17400
Long Term Unemployment Rate 7.1 6 5.9 5.5 5.2 4.7
Youth Unemployment Rate 33.8 34.3 33.8 33.4 32.9 27
Productivity 104 113 112 105 108 116
Labour Costs 105 97.5 106 99.8 104 112
Job Vacancies 61.5 48.6 42.5 58.2 60.1 51
Wages 1844 1820 2050 1845 1995 2100
Minimum Wages 859 859 859 880 880 920
Population 46.66 46.66 46.66 46.89 46.89 47.21
Retirement Age Women 65.5 65.5 65.5 65.67 65.67 65.83
Retirement Age Men 65.5 65.5 65.5 65.67 65.67 65.83
Labor Force Participation Rate 58.46 60.5 61 61.2 61.5 63
Living Wage Family 1100 1150 1150 1200 1200 1270
Living Wage Individual 810 950 950 1080 1080 1150
Wages High Skilled 1980 2220 2220 2310 2310 2390
Wages Low Skilled 927 900 900 950 950 990
Employment Change 0.4 0.6 0.5 0.5 0.6 0.4
Employment Rate 62.07 63.4 63.6 63.7 63.8 65