Spain Unemployment Rate  1976-2016 | Data | Chart | Calendar | Forecast

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. Unemployment Rate in Spain averaged 16.51 percent from 1976 until 2016, 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. Unemployment Rate in Spain is reported by the National Statistics Institute (INE).

Spain Unemployment Rate
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Actual Previous Highest Lowest Dates Unit Frequency
20.00 21.00 26.94 4.41 1976 - 2016 percent Quarterly
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 September of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-01-28 08:00 AM Q4 20.9% 21.18% 21.05% 21.13%
2016-04-28 07:00 AM Q1 21% 20.9% 20.75% 20.5%
2016-07-28 07:00 AM Q2 20% 21% 20.4% 20.87%
2016-10-27 07:00 AM Q3 20% 19.5%

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.

Summer jobs in tourism and hostelry traditionally boost figures in the second quarter.

Employment increased by 271,400 persons on the quarter to 18.30 million persons, as private employment rose by 294,600 while public sector shed 23,200 jobs. Among sectors, jobs in services (+227,300 persons), construction (+45,600) and industry (+15,700) went up while employment in agriculture fell (-17,200). By region, the largest increases in the quarter were reported in Balearic Islands (+56,000 persons), Catalonia (+53,700) and Murcia (+28,400).

Unemployment declined by 216,700 persons to 4.57 million persons in the three months to June 2016. Unemployment decreased in the services (-109,500 persons), construction (-28,900), agriculture (-7,500) and industry (-3,800) sectors. The largest decreases occurred in Catalonia (-56,400 persons), Balearic Islands (-28,900) and Andalusia (-28,100).

The number of active population went up 54,600 persons to 22.876 million persons, as the number of active women grew 59,300 while the number of active men fell 4,600. The labor force participation rate increased to 59.41 percent.

A year earlier, the unemployment rate was recorded at 22.37 percent.

Still, Spain has the second highest unemployment rate in the EU after Greece.

INE | Joana Ferreira | joana.ferreira@tradingeconomics.com
7/28/2016 11:02:06 AM

Spain Labour Last Previous Highest Lowest Unit
Unemployment Rate 20.00 21.00 26.94 4.41 percent [+]
Employed Persons 18301.00 18029.60 20510.60 10949.20 Thousand [+]
Unemployed Persons 3802.30 3826.76 4889.46 468.29 Thousand [+]
Unemployment Change 14.40 -84.00 461.01 -127.25 Thousand [+]
Part Time Employment 2801.10 2830.80 2844.10 572.70 Thousand [+]
Full Time Employment 15499.90 15198.80 18488.00 11007.60 Thousand [+]
Long Term Unemployment Rate 10.20 10.50 13.60 1.50 percent [+]
Youth Unemployment Rate 43.90 45.80 56.20 17.30 percent [+]
Labour Costs 101.90 97.70 105.70 66.70 Index Points [+]
Productivity 104.10 102.30 112.40 85.70 Index Points [+]
Job Vacancies 30.48 36.02 541.53 19.61 Thousand [+]
Wages 1943.01 1832.26 2026.14 1264.36 EUR/Month [+]
Minimum Wages 764.40 764.40 764.40 485.71 EUR/Month [+]
Population 46.45 46.51 46.82 30.33 Million [+]
Retirement Age Women 65.25 65.15 65.25 65.00 [+]
Retirement Age Men 65.25 65.15 65.25 65.00 [+]
Employment Change 0.50 0.80 1.80 -2.30 percent [+]
Employment Rate 60.32 59.42 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 59.41 59.29 60.55 48.88 percent [+]
Living Wage Family 1540.00 1570.00 1800.00 1540.00 EUR/Month [+]
Living Wage Individual 797.00 797.00 904.00 797.00 EUR/Month [+]




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