Spain's unemployment rate increased to 13.65 percent in the first quarter of 2022 from an over thirteen-year low of 13.33 percent in the previous three-month period, as the economic recovery began to falter amid strong headwinds from soaring energy and raw material costs and the war in Ukraine. The number of unemployed people rose by 70.9 thousand from the previous period to 3.175 million and employment shrank by 100.2 thousand people to 20.084 million. By sector, unemployment rose in services (up by 96,300 persons), industry (up by 15,700 persons), and construction (up by 1,700 persons). Conversely, unemployment fell in agriculture (down 6,300 persons). The labor force participation rate fell to 58.50 percent from 58.65 percent in the previous period. source: National Statistics Institute (INE)

Unemployment Rate in Spain averaged 16.40 percent from 1976 until 2022, 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 June of 2022.

Unemployment Rate in Spain is expected to be 12.80 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 11.00 percent in 2023 and 10.50 percent in 2024, according to our econometric models.

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Spain Unemployment Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-01-27 08:00 AM Q4 13.33% 14.57% 14.2% 14.2%
2022-04-28 07:00 AM Q1 13.65% 13.33% 13.1%
2022-07-28 07:00 AM Q2 13.65%


Related Last Previous Unit Reference
Unemployment Rate 13.65 13.33 percent Mar 2022
Employed Persons 20084.70 20184.90 Thousand Mar 2022
Full Time Employment 17275.50 17447.00 Thousand Mar 2022
Part Time Employment 2809.30 2738.00 Thousand Mar 2022
Labour Costs 113.10 104.20 points Dec 2021
Wages 2006.61 2165.79 EUR/Month Mar 2022
Employment Rate 50.51 50.83 percent Mar 2022
Labor Force Participation Rate 58.50 58.65 percent Mar 2022
Wages In Manufacturing 2488.90 2228.07 EUR/Month Dec 2021

Spain Unemployment Rate
In Spain, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
Actual Previous Highest Lowest Dates Unit Frequency
13.65 13.33 26.94 4.41 1976 - 2022 percent Quarterly

News Stream
Spain Jobless Rate Picks Up in Q1
Spain's unemployment rate increased to 13.65 percent in the first quarter of 2022 from an over thirteen-year low of 13.33 percent in the previous three-month period, as the economic recovery began to falter amid strong headwinds from soaring energy and raw material costs and the war in Ukraine. The number of unemployed people rose by 70.9 thousand from the previous period to 3.175 million and employment shrank by 100.2 thousand people to 20.084 million. By sector, unemployment rose in services (up by 96,300 persons), industry (up by 15,700 persons), and construction (up by 1,700 persons). Conversely, unemployment fell in agriculture (down 6,300 persons). The labor force participation rate fell to 58.50 percent from 58.65 percent in the previous period.
2022-04-28
Spain Jobless Rate Falls to 13-Year Low
Spain's unemployment rate declined to 13.33 percent in the fourth quarter of 2021 from 14.57 percent in the previous three-month period and below market expectations of 14.2 percent. It was the lowest rate since the third quarter of 2008, as demand for labor strengthened amid a solid economic recovery. The number of unemployed people dropped by 312.9 thousand from the previous period to 3.104 million and employment increased by 153.9 thousand to 20.185 million. By sector, unemployment declined in services (down 79,000), agriculture (down 33,300), and construction (down 25,500). The labor force participation rate fell to 58.65 percent from 59.14 percent in the previous period.
2022-01-27
Spain Jobless Rate Nears Pre-Pandemic Low
Spain's unemployment rate fell to 14.57 percent in the third quarter of 2021 from 15.26 percent in the previous three-month period, amid the easing of COVID-19 restrictions but came above market expectations of 14.2 percent. Also, the unemployment rate remains above the 13.78% rate recorded in the fourth quarter of 2019 before the pandemic hit Spain. The number of unemployed people decreased by 127.1 thousand from the previous period to 3.416 million and employment increased by 359.3 thousand to 20.031 million. Across regions, Cataluña’s jobless population shrank the most (-51,900), followed by Baleares (-28,400), Castilla y León (-27,600), and Galicia (-25,700). Finally, the labor force participation rate rose to 59.14 percent from 58.58 percent in the previous period.
2021-10-28