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

Spain's unemployment rate edged up to 21 percent in the first quarter of this year, up from a 4-1/2-year low of 20.9 percent in the previous period and beating market expectations of 20.75 percent. The number of unemployed rose 0.3 percent on the quarter while employment fell 0.4 percent. Unemployment Rate in Spain averaged 16.49 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
21.00 20.90 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 May of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-10-22 08:00 AM Q3 21.18% 22.37% 22.15% 21.51%
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 21% 20.87%
2016-10-27 07:00 AM Q3 20.56%

Spain Jobless Rate Rises to 21% in Q1


Spain's unemployment rate edged up to 21 percent in the first quarter of this year, up from a 4-1/2-year low of 20.9 percent in the previous period and beating market expectations of 20.75 percent. The number of unemployed rose 0.3 percent on the quarter while employment fell 0.4 percent.

The first quarter of the year is traditionally a tougher one for jobs, as people hired over the Christmas period get laid off. 

Quarter-on-quarter, employment declined by 64,600 persons to 18.03 million persons, as private employment decreased by 82,100 while public sector added 17,600 jobs. Among sectors, jobs in services (-53,400 persons), construction (-26,900) and agriculture (-2,300) fell while employment in industry rose (+18,000). By region, the largest decreases in the quarter were reported in Madrid (-28,700 persons), Valencia (-12,800) and Galicia (-11,400).

Unemployment increased by 11,900 persons to 4.79 million persons in the three months to March 2016. Unemployment increased in the services (+68,900 persons), agriculture (+36,600) and industry (+10,800) sectors while it was is virtually unchanged in construction.The largest increases occurred in Valencia (+8,600 persons), Castilla y Leon and the Balearic Islands (+8,000 each).

The number of active population went down by 52,700 persons to 22.821 million persons and the labor force participation rate decreased to 59.29 percent.

A year earlier, the unemployment rate was recorded at 23.78 percent.

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

INE | Joana Ferreira | joana.ferreira@tradingeconomics.com
4/28/2016 8:34:13 AM

Spain Labour Last Previous Highest Lowest Unit
Unemployment Rate 21.00 20.90 26.94 4.41 percent [+]
Employed Persons 18029.60 18094.20 20510.60 10949.20 Thousand [+]
Unemployed Persons 3976.21 4021.67 4889.46 468.29 Thousand [+]
Unemployment Change -58.20 2.23 461.01 -127.25 Thousand [+]
Part Time Employment 2830.80 2843.70 2844.10 572.70 Thousand [+]
Full Time Employment 15198.80 15250.50 18488.00 11007.60 Thousand [+]
Long Term Unemployment Rate 10.80 11.80 13.60 1.50 percent [+]
Youth Unemployment Rate 45.50 45.30 55.90 17.20 percent [+]
Labour Costs 105.20 96.70 105.70 66.70 Index Points [+]
Productivity 108.20 111.30 112.40 85.70 Index Points [+]
Job Vacancies 45.83 48.17 1869.65 24.05 Thousand [+]
Wages 2026.14 1809.88 2026.14 1264.36 EUR/Month [+]
Minimum Wages 764.40 764.00 764.40 485.71 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 0.70 0.70 1.80 -2.30 percent [+]
Employment Rate 59.42 59.53 67.18 54.91 percent [+]
Labor Force Participation Rate 59.29 59.43 60.55 48.88 percent [+]
Wages High Skilled 2110.00 2030.00 2110.00 2000.00 EUR/Month [+]
Wages Low Skilled 850.00 806.00 900.00 806.00 EUR/Month [+]




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