Spain Employed Persons - Forecast

Employed Persons in Spain is expected to be 18720.00 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 18980.00 in 12 months time. In the long-term, the Spain Employed Persons is projected to trend around 19480.00 Thousand in 2020, according to our econometric models.


Spain Employed Persons
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Spain Labour Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 16.38 16.2 16 15.8 15.1 13.2
Employed Persons 19049 18720 18780 19321 18980 19480
Unemployed Persons 3405 3480 3440 3328 3390 3250
Unemployment Change -61.5 -42.7 -100 6.68 -38.8 -21.1
Part Time Employment 2726 2775 2779 2765 2970 3410
Full Time Employment 16323 16222 16459 16590 16200 17200
Long Term Unemployment Rate 7.9 7.9 7.7 7.32 7 5.7
Youth Unemployment Rate 37.9 36 35 34.7 34 30
Productivity 113 103 105 112 112 116
Labour Costs 102 98.1 103 96.61 109 114
Job Vacancies 40.1 51.22 55.66 60.18 52.47 115
Wages 1809 1837 1955 1811 2212 2699
Minimum Wages 826 850 850 850 850 900
Population 46.53 46.56 46.56 46.56 46.56 47.21
Retirement Age Women 65.42 65 65 65 65.5 65.83
Retirement Age Men 65.42 65 65 65 65.5 65.83
Labor Force Participation Rate 58.92 60.1 60.2 58.86 61 63
Living Wage Family 1100 1094 1092 1089 1720 1840
Living Wage Individual 810 768 764 760 1080 1200
Wages High Skilled 1980 1998 2000 2003 2220 2390
Wages Low Skilled 927 934 935 936 900 940
Employment Change 0.7 0.6 0.5 0.58 0.5 0.4
Employment Rate 62.8 61.9 62 62.59 62 63.4