Employment Rate in Spain increased to 48.43 percent in the third quarter of 2020 from 47.03 percent in the second quarter of 2020. source: National Statistics Institute (INE)

Employment Rate in Spain averaged 45.28 percent from 1976 until 2020, reaching an all time high of 54.73 percent in the third quarter of 2007 and a record low of 38.36 percent in the second quarter of 1985. This page provides - Spain Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Spain Employment Rate - values, historical data and charts - was last updated on January of 2021.

Employment Rate in Spain is expected to be 45.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Spain to stand at 47.80 in 12 months time. In the long-term, the Spain Employment Rate is projected to trend around 49.00 percent in 2021 and 50.00 percent in 2022, according to our econometric models.

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Spain Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
48.43 47.03 54.73 38.36 1976 - 2020 percent Quarterly
NSA

Spain Labour Last Previous Highest Lowest Unit
Unemployment Rate 16.26 15.33 26.94 4.41 percent [+]
Employed Persons 19176.90 18607.20 20510.60 10949.20 Thousand [+]
Unemployed Persons 3888.14 3851.31 5040.22 79.00 Thousand [+]
Unemployment Change 36.83 25.27 461.00 -129.30 Thousand [+]
Part Time Employment 2654.70 2486.10 2951.50 572.70 Thousand [+]
Full Time Employment 16522.10 16121.10 18488.00 11007.60 Thousand [+]
Long Term Unemployment Rate 5.00 4.10 13.60 1.50 percent [+]
Youth Unemployment Rate 40.90 40.40 55.90 17.20 percent [+]
Labour Costs 96.10 101.10 108.40 66.70 points [+]
Productivity 99.20 105.20 105.20 85.10 points [+]
Job Vacancies 30.70 53.32 541.53 14.47 Thousand [+]
Wages 1859.12 1804.08 2075.43 1264.36 EUR/Month [+]
Minimum Wages 1050.00 1050.00 1050.00 485.71 EUR/Month [+]
Population 46.94 46.66 46.94 30.33 Million [+]
Retirement Age Women 65.83 65.67 65.83 65.00 [+]
Retirement Age Men 65.83 65.67 65.83 65.00 [+]
Wages In Manufacturing 2466.09 2207.71 2466.09 1372.25 EUR/Month [+]
Wage Growth -0.06 1.43 9.03 -7.18 percent [+]
Labor Force Participation Rate 57.83 55.54 60.55 48.88 percent [+]
Employment Change -7.50 -1.00 1.60 -7.50 percent [+]
Employment Rate 48.43 47.03 54.73 38.36 percent [+]


Spain Employment Rate
In Spain, the employment rate measures the number of people who have a job as a percentage of the working age population.