Spain Unemployment Rate  1976-2017 | Data | Chart | Calendar | Forecast

The unemployment rate in Spain fell to 17.22 percent in the second quarter of 2017 from 18.75 percent in the previous period. It is the lowest jobless rate since the last quarter of 2008, below market expectations of 17.8 percent. Yet, unemployment has been falling since 2013 when it hit a record high of 27 percent after a real estate and construction crisis that started in 2008 led to a recession. However, the jobless rate still remains at double digits and higher than its pre-crisis level. Spain has the second highest unemployment rate in the EU after Greece. Unemployment Rate in Spain averaged 16.56 percent from 1976 until 2017, reaching an all time high of 26.94 percent in the first quarter of 2013 and a record low of 4.41 percent in the third quarter of 1976.

Spain Unemployment Rate
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Spain Jobless Rate Drops To 8-1/2-year Low


The unemployment rate in Spain fell to 17.22 percent in the second quarter of 2017 from 18.75 percent in the previous period. It is the lowest jobless rate since the last quarter of 2008, below market expectations of 17.8 percent. Yet, unemployment has been falling since 2013 when it hit a record high of 27 percent after a real estate and construction crisis that started in 2008 led to a recession. However, the jobless rate still remains at double digits and higher than its pre-crisis level. Spain has the second highest unemployment rate in the EU after Greece.

The number of jobless people fell by 340.7 thousand to 3.9143 million, with declines seen in all sectors. Unemployment in services went down by 144 thousnad, following a 104.8 thousand rise in the previous quarter. By region, the largest decreases occurred in Catalonia (-79.2 thousand), Andalusia (-72.2 thousand) and Madrid (-38.9 thousand).

The number of employed increased by 375 thousand to 18.8133 million, mainly due to rises in services (+272.4 thousand), industry (+65.7 thousand) and construction (+52.1 thousand). In contrast, employment fell in agriculture (-15.2 thousand). By region, the largest increases were seen in Catalonia (72.6 thousand), Balearic Islands (65 thousand) and Andalusia (53.5 thousand). Employment increased in by 345.1 thousand in the private sector and by 29.9 thousand in the public. 

The number of active people increased by 34.3 thousand to 22.7276 million, bringing the labour force participation rate up to 58.84 percent from 58.78 percent.

INE | Joana Taborda | joana.taborda@tradingeconomics.com
7/27/2017 7:45:05 AM


Recent Releases

Spanish Jobless Rate Rises To 18.75% In Q1
Spain's unemployment rate rose to 18.75 percent in the first quarter of 2017 from 18.63 percent in the previous period while markets expected it would remain unchanged. It was the first increase in jobless rate in a year, as the number of unemployed rose in all sectors, mainly in services, while the number of employed fell.
Published on 2017-04-27

Spain Unemployment Rate Falls To 7-Year Low Of 18.63%
The unemployment rate in Spain fell to 18.63 percent in the fourth quarter of 2016 from 18.91 percent in the previous period and better than market expectations of 18.7 percent. It was the lowest jobless rate since the third quarter of 2009, as the number of unemployed fell by 1.9 percent to 4.24 million. Still, Spain has the second highest unemployment rate in the EU after Greece.
Published on 2017-01-26

Spain Unemployment Rate at Near 7-Year Low of 18.91%
The unemployment rate in Spain declined to 18.91 percent in the third quarter of 2016 from 20 percent in the previous three months. Figures came better than market expectations of 19.3 percent, reaching the lowest since the last quarter of 2009 when unemployment was recorded at 18.66 percent. Yet, tourist arrivals hit a record high during the Summer season this year, boosting job hiring mainly in the services sector. However, Spain still has second highest unemployment rate in the European Union after Greece.
Published on 2016-10-27

Spain Jobless Rate Falls to Nearly 6-Year Low in Q2
Spain's unemployment rate fell to 20 percent in the three months to June of 2016 from 21 percent in the previous period, beating market expectations of 20.4 percent. It was the lowest reading since the third quarter of 2010, aided by jobs in services and tourism. Still, Spain has the second highest unemployment rate in the EU after Greece.
Published on 2016-07-28



Calendar GMT Actual Previous Consensus Forecast (i)
2017-01-26 08:00 AM Q4 18.63% 18.91% 18.7% 18.7%
2017-04-27 07:00 AM Q1 18.75% 18.60% 18.6% 18.8%
2017-07-27 07:00 AM Q2 17.22% 18.75% 17.8% 18%
2017-10-26 07:00 AM Q3 17.22% 16.8%


Spain Labour Last Previous Highest Lowest Unit
Unemployment Rate 17.22 18.75 26.94 4.41 percent [+]
Employed Persons 18813.30 18438.30 20510.60 10949.20 Thousand [+]
Unemployed Persons 3477.11 3465.34 4889.46 468.29 Thousand [+]
Unemployment Change -26.89 -98.32 461.01 -129.30 Thousand [+]
Part Time Employment 2870.10 2874.30 2874.30 572.70 Thousand [+]
Full Time Employment 15943.20 15564.00 18488.00 11007.60 Thousand [+]
Long Term Unemployment Rate 8.60 8.90 13.60 1.50 percent [+]
Youth Unemployment Rate 39.20 38.60 56.10 17.10 percent [+]
Labour Costs 97.70 104.30 105.70 66.70 Index Points [+]
Productivity 102.20 109.50 112.40 85.70 Index Points [+]
Job Vacancies 50.82 55.01 541.53 19.61 Thousand [+]
Wages 1829.13 2010.73 2026.14 1264.36 EUR/Month [+]
Minimum Wages 825.65 764.40 825.65 485.71 EUR/Month [+]
Population 46.53 46.44 46.82 30.33 Million [+]
Retirement Age Women 65.42 65.33 65.42 65.00 [+]
Retirement Age Men 65.42 65.33 65.42 65.00 [+]
Employment Change 0.70 0.40 1.80 -2.30 percent [+]
Employment Rate 62.04 60.82 67.18 54.91 percent [+]
Wages High Skilled 2110.00 2130.00 2130.00 2000.00 EUR/Month [+]
Wages Low Skilled 876.00 858.00 900.00 816.00 EUR/Month [+]
Labor Force Participation Rate 58.84 58.78 60.55 48.88 percent [+]
Living Wage Family 1048.90 1004.00 1048.90 967.80 EUR/Month [+]
Living Wage Individual 870.70 834.40 870.70 799.10 EUR/Month [+]


Spain Unemployment Rate Notes

In Spain, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Spain Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Spain Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on August of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
17.22 18.75 26.94 4.41 1976 - 2017 percent Quarterly



unemployment rate by Country

Last
Spain 17.22 Jun/17
Brazil 13.00 Jun/17
Italy 11.10 Jun/17
Turkey 10.20 May/17
France 9.50 Jun/17
Euro Area 9.10 Jun/17
Canada 6.30 Jul/17
Australia 5.60 Jul/17
Indonesia 5.33 Mar/17
Russia 5.10 Jul/17
India 4.90 Dec/13
Netherlands 4.80 Jul/17
United Kingdom 4.40 Jun/17
United States 4.30 Jul/17
China 3.95 Jun/17
Germany 3.80 Jun/17
South Korea 3.60 Jul/17
Mexico 3.30 Jun/17
Switzerland 3.00 Jul/17
Japan 2.80 Jun/17