Long Term Unemployment Rate in Spain decreased to 6.60 percent in the second quarter of 2018 from 7 percent in the first quarter of 2018. Long Term Unemployment Rate in Spain averaged 7.31 percent from 1992 until 2018, reaching an all time high of 13.60 percent in the first quarter of 2014 and a record low of 1.50 percent in the third quarter of 2007.

Long Term Unemployment Rate in Spain is expected to be 5.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Long Term Unemployment Rate in Spain to stand at 5.10 in 12 months time. In the long-term, the Spain Long Term Unemployment Rate is projected to trend around 4.70 percent in 2020, according to our econometric models.

Spain Long Term Unemployment 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 Long Term Unemployment Rate

In Spain, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market. This page provides the latest reported value for - Spain Long Term Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Spain Long Term Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
6.60 7.00 13.60 1.50 1992 - 2018 percent Quarterly




Country Last Previous
Spain 6.60 Jun/18
Italy 6.40 Jun/18
Euro Area 3.90 Jun/18
France 3.40 Sep/18
Turkey 2.30 Jun/18
Switzerland 1.80 Jun/18
Netherlands 1.60 Jun/18
Germany 1.40 Jun/18
United Kingdom 1.00 Jun/18
United States 0.77 Nov/18


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