Spain Unemployment Unexpectedly Falls

The number of people registering as jobless in Spain fell by 22.934 thousand from the previous month to 2.420 million in March 2026, compared with market expectations of a 10.3 thousand increase. Unemployment decreased across services (-18,852), construction (-5,846) and industry (-1,482). On the other hand, unemployment rose in and agriculture (+365). Youth unemployment fell by 431 to 188,977, the lowest figure ever recorded in March. The largest decreases in unemployment were registered in Andalusia (-8,836), Catalonia (-3,777) and Valencian Community (-2,467).

The number of people registering as jobless in Spain rose by 30.392 thousand from the previous month to 2.439 million in January 2026, beating market expectations of a 10.5 thousand increase. Unemployment increased across services (+35,073) and agriculture (+881). On the other hand, unemployment fell in construction (-3,793) and industry (-14). Youth unemployment rose by 4,040 to 180,892, the lowest figure ever recorded in January. The largest increases in unemployment were registered in Andalusia (+8,046), Madrid (+3,659) and Galicia (+3,113).

The number of people registering as jobless in Spain fell by 16.291 thousand from the previous month to 2.409 million in December 2025, missing market expectations of a 5.7 thousand increase. Unemployment decreased across services (-14,287) and agriculture (-1,531). On the other hand, unemployment rose in industry (1,684), and construction (5,568). Youth unemployment also fell by 11,470, bringing the total below 176,852, the lowest figure ever recorded. The largest declines in unemployment were registered in Andalusia (-12,271), the Valencian Community (-2.173), and Madrid (-1,504 ). Meanwhile, a separate report showed that Spain added 33,067 net formal jobs in December, bringing total registered employment to 21.87 million.