Spain’s unemployment rate fell to 9.93% in the fourth quarter of 2025 from 10.45% in the third quarter, marking the lowest level in 18 years and coming in below market expectations of 10.6%. It was the first time the jobless rate dropped below 10% since the first quarter of 2008. Employment rose by 76,200 to a record 22.46 million, while the number of unemployed declined by 136,100 to 2.48 million. The total labor force decreased by 59,900 to 24.94 million. The private sector accounted for 92% of the jobs created in 2025, Economy Minister Carlos Cuerpo said, adding that the figures point to a stronger and more stable labor market with higher-quality employment supporting continued welfare growth. source: National Statistics Institute (INE)
Unemployment Rate in Spain decreased to 9.93 percent in the fourth quarter of 2025 from 10.45 percent in the third quarter of 2025. Unemployment Rate in Spain averaged 16.04 percent from 1976 until 2025, 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. 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 - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.
Unemployment Rate in Spain decreased to 9.93 percent in the fourth quarter of 2025 from 10.45 percent in the third quarter of 2025. Unemployment Rate in Spain is expected to be 10.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Unemployment Rate is projected to trend around 9.70 percent in 2027 and 9.10 percent in 2028, according to our econometric models.