Labor Force Participation Rate in Spain decreased to 58.73 percent in the third quarter of 2018 from 58.80 percent in the second quarter of 2018. Labor Force Participation Rate in Spain averaged 54.02 percent from 1976 until 2018, reaching an all time high of 60.55 percent in the third quarter of 2012 and a record low of 48.88 percent in the second quarter of 1985.

Labor Force Participation Rate in Spain is expected to be 61.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Spain to stand at 61.70 in 12 months time. In the long-term, the Spain Economic Activity Rate is projected to trend around 63.00 percent in 2020, according to our econometric models.

Spain Economic Activity Rate
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Spain Labour Last Previous Highest Lowest Unit
Unemployment Rate 14.55 15.28 26.94 4.41 percent [+]
Employed Persons 19528.00 19344.10 20510.60 10949.20 Thousand [+]
Unemployed Persons 3196.95 3223.21 4889.46 468.29 Thousand [+]
Unemployment Change -1.84 52.20 461.01 -129.30 Thousand [+]
Part Time Employment 2713.80 2899.70 2899.70 572.70 Thousand [+]
Full Time Employment 16814.20 16444.30 18488.00 11007.60 Thousand [+]
Long Term Unemployment Rate 6.60 7.00 13.60 1.50 percent [+]
Youth Unemployment Rate 34.90 34.30 55.90 17.20 percent [+]
Productivity 111.70 104.50 112.80 85.70 Index Points [+]
Labour Costs 102.40 98.30 105.70 66.70 Index Points [+]
Job Vacancies 51.56 44.06 541.53 19.61 Thousand [+]
Wages 1951.81 1844.24 2026.14 1264.36 EUR/Month [+]
Minimum Wages 858.55 858.55 858.55 485.71 EUR/Month [+]
Population 46.66 46.53 46.82 30.33 Million [+]
Retirement Age Women 65.50 65.42 65.50 65.00 [+]
Retirement Age Men 65.50 65.42 65.50 65.00 [+]
Labor Force Participation Rate 58.73 58.80 60.55 48.88 percent [+]
Living Wage Family 1150.00 1120.00 1150.00 1060.00 EUR/Month [+]
Living Wage Individual 855.00 820.00 855.00 770.00 EUR/Month [+]
Wages High Skilled 1990.00 1990.00 2120.00 1990.00 EUR/Month [+]
Wages Low Skilled 932.00 894.00 1150.00 894.00 EUR/Month [+]
Employment Change 0.70 0.40 1.80 -2.30 percent [+]
Employment Rate 64.01 63.53 67.18 54.91 percent [+]


Spain Economic Activity Rate

This page provides - Spain Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Spain Economic Activity Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
58.73 58.80 60.55 48.88 1976 - 2018 percent Quarterly
NSA




Country Last Previous
United Kingdom 79.00 Sep/18
France 72.30 Sep/18
Indonesia 69.20 Dec/18
Switzerland 68.40 Jun/18
Singapore 67.70 Dec/17
Italy 65.80 Oct/18
Australia 65.60 Oct/18
Canada 65.40 Nov/18
Netherlands 64.20 Jun/18
South Korea 63.40 Nov/18
United States 62.90 Nov/18
Russia 62.80 Oct/18
Japan 62.00 Oct/18
Brazil 61.70 Sep/18
Germany 60.90 Jun/18
Mexico 59.50 Sep/18
South Africa 59.50 Sep/18
Spain 58.73 Sep/18
Euro Area 57.20 Jun/18
Saudi Arabia 56.20 Jun/18
Turkey 53.50 Aug/18
India 52.50 Dec/13
Argentina 46.40 Jun/18


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