Spain’s unemployment rate climbed to 10.83% in the first quarter of 2026, up from 9.93% in the previous period, above market expectations of 9.8%. The number of unemployed persons rose by 231,500, reaching a total of 2.71 million. This seasonal spike follows the conclusion of the holiday period, a typical trend in the Spanish labor market. Employment figures saw a contraction, with 170,300 jobs lost, bringing the total number of occupied persons to 22.29 million. The services sector bore the brunt of the decline, shedding 228,400 positions, while industry showed resilience with 28,100 new roles. Despite the quarterly dip, the annual trend remains positive, with unemployment falling by 80,600 compared to Q1 2025. The Labor Force Participation Rate increased slightly to 58.86%, as the active population grew by 447,000. source: National Statistics Institute (INE)
Unemployment Rate in Spain increased to 10.83 percent in the first quarter of 2026 from 9.93 percent in the fourth quarter of 2025. Unemployment Rate in Spain averaged 16.01 percent from 1976 until 2026, 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 April of 2026.
Unemployment Rate in Spain increased to 10.83 percent in the first quarter of 2026 from 9.93 percent in the fourth quarter of 2025. Unemployment Rate in Spain is expected to be 9.70 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 9.40 percent in 2027 and 9.20 percent in 2028, according to our econometric models.