The number of people registered as unemployed in Spain rose by 29.8 thousand from a month earlier to 3.80 million in August of 2020, after an 89.8 thousand decline in July. It was the smallest increase for an August month since 2016. By sector, unemployment went up in services (+20.216 thousand); construction (+7.983 thousand) and industry (+2.981 thousand) but decrease in agriculture (-13.253 thousand). By gender, unemployment among women advanced by 20.3 thousand, and among men climbed by 9.5 thousand. By region, the biggest increases were recorded in Catalonia, Madrid and the Valencian Community while the largest decreases were seen in Navarra, Cantabria and Extremadura.
Unemployment Change in Spain averaged 5.09 Thousand from 1960 until 2020, reaching an all time high of 461 Thousand in January of 2001 and a record low of -129.30 Thousand in April of 2017. This page provides the latest reported value for - Spain Unemployment Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Spain Unemployment Change - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020. source: Ministerio de Empleo y Seguridad Social
Unemployment Change in Spain is expected to be 44.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Change in Spain to stand at -40.00 in 12 months time. In the long-term, the Spain Unemployment Change is projected to trend around -36.00 Thousand in 2021 and -20.00 Thousand in 2022, according to our econometric models.