Spain Unemployment Rate

Unemployment Rate in Spain increased to 27.20 percent in the first quarter of 2013 from 26.02 percent in the fourth quarter of 2012. Unemployment Rate in Spain is reported by the INE. Historically, from 1987 until 2013, Spain Unemployment Rate averaged 16.77 Percent reaching an all time high of 27.20 Percent in March of 2013 and a record low of 7.95 Percent in June of 2007. In Spain, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page includes a chart with historical data for Spain Unemployment Rate.

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Spain Unemployment Rate
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Unemployment Rate in Spain Rises to 27% in Q1
INE | Nuno Fontes | nuno@tradingeconomics.com  |  4/25/2013 10:07:25 AM


The number of unemployed persons in Spain increased by 237 thousand and stands at 6.20 million. The unemployment rate increased 1.14 percentage point, standing at 27.16 percent, according to a release by the National Statistics Institute.

The number of employed persons decreased by 322 300 in the first quarter of 2013, standing at 16.63 million. The quarterly variation rate of employment stood at -1.9 percent. 

By sex, the unemployed population increased by 130 thousand men and 107 thousand women. The male unemployment rate increased to 26.78 percent, whilst the female rate increased 1.06 points, and stood at 27.61 percent. The composition of unemployment stands unchanged since 2008, with relatively little distance between male and female rates, and more men unemployed than women.
 
The economically active population fell by 85 thousand persons in the first quarter of 2013, standing at 22.84 million persons. In annual terms, the number of economically active persons decreased by 235 thousand persons. The decrease in the number of economically active persons in the last quarter of 2012 was steep and accentuates the downward trend observed since 2008.

ARCHIVE
Unemployment Rate in Spain Rises to 26% in Q4 The number of unemployed persons in Spain increased by 187 300 and stands at 5.97 million. The unemployment rate increased 1 percentage point, standing at 26.02 percent, according to a release by the National Statistics Institute. 2013-01-24
Unemployment Rate in Spain Up to 25.02% in Q3 The number of unemployed persons in Spain increased by 85 000 persons and stands at 5.78 million. The unemployment rate increases 38 hundredths, standing at 25.02% according to a release by the National Statistics Institute. 2012-12-14



Unemployment Rate | Notes

The unemployment rate can be defined as the number of people actively looking for a job divided by the labour force. Changes in unemployment depend mostly on inflows made up of non-employed people starting to look for jobs, of employed people who lose their jobs and look for new ones and of people who stop looking for employment.






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