Spain Unemployment Rate 1976-2014 | Data | Chart | Calendar | Forecast

Unemployment Rate in Spain decreased to 24.47 percent in the second quarter of 2014 from 25.93 percent in the first quarter of 2014. Unemployment Rate in Spain averaged 16.27 Percent from 1976 until 2014, 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


Actual Previous Highest Lowest Dates Unit Frequency
24.47 25.93 26.94 4.41 1976 - 2014 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 - Spain Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Spain Unemployment Rate - was last refreshed on Friday, September 19, 2014.


Spanish Unemployment Rate Down to 2-Year Low


Spanish jobless rate fell to 24.47 percent in the three months to June, from 25.93 percent in the previous period. It is the lowest rate since the second quarter of 2012, due to strong job creation in the services sector.

In the second quarter of 2014, the number of unemployed persons fell 5.23 percent on quarter to 5.623 million. Year-on-year, unemployment went down 7.02 percent (-424,500 persons).

Employment rose 2.37 percent over the previous period to 17.35 million, the highest increase since the second quarter of 2005. Compared with a year earlier, employment grew for the first time in six years by 1.12 percent (+192,400 persons).

Employment rose for both private and public sectors (+393,500 and +8,900, respectively). The services sector added 378.7 thousand new jobs; the industrial sector created more 56.7 thousand jobs and construction added 36.9 thousand. In contrast, agriculture lost 69.8 thousand jobs.  

By region, employment increased in Illes Balears (+83,300 persons), Catalonia (+79,300), Valencia (52,800) and Community Madrid (52,400), from the previous quarter. In contrast, the top decreases were in Catalonia (69,700 less), Comunidad de Madrid (45,200) and Valencia (42,300).

National Statistics Institute| Isabel Felino | isabel.felino@tradingeconomics.com
7/24/2014 11:15:54 AM


Recent Releases

Spanish Unemployment Rate Rises Slightly in Q1
Spain’s jobless rate increased to 25.93 percent in the first three months of 2014, up from a revised 25.73 percent in the previous quarter. The workforce dropped by 187,000 people to 22.884 million and employment also fell. Published on 2014-04-29

Spanish Unemployment Rate at 26% in Q4 2013
In the fourth quarter of 2013, Spanish unemployment rate rose slightly to 26.03 percent from 25.98 percent in the previous three-month period, confirming Spain as the country with the second largest jobless rate in the EU. However, the number of unemployed persons recorded the highest decrease in five years. Published on 2014-01-23


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2013-10-24 08:00 AM Spain
Unemployment Rate
Q3 2013 25.98% 26.26% 26.10% 26.5%
2014-01-23 08:00 AM Spain
Unemployment Rate
Q4 2013 26.03% 25.98% 26.0% 26.1%
2014-04-29 08:00 AM Spain
Unemployment Rate
Q1 2014 25.93% 25.73% (R) 25.85% 26.1%
2014-07-24 08:00 AM Spain
Unemployment Rate
Q2 2014 24.47% 25.93% 25.2% 25.8%
2014-10-23 08:00 AM Spain
Unemployment Rate
Q3 2014 24.47% 25.1%


Labour Last Previous Highest Lowest Unit
Unemployment Rate 24.47 25.93 26.94 4.41 Percent [+]
Employed Persons 17353.00 16950.60 20510.60 10949.20 Thousand [+]
Unemployed Persons 4575.13 4586.53 4889.46 468.29 Thousand [+]
Job Vacancies 34.61 35.30 1869.65 24.05 Thousand [+]
Long Term Unemployment Rate 13.60 13.40 13.60 1.50 percent [+]
Youth Unemployment Rate 53.50 53.00 56.40 17.40 Percent [+]
Productivity 101.70 109.10 110.40 69.70 Index Points [+]
Wages 92.47 93.18 118.67 43.90 Index Points [+]
Labour Costs 101.70 109.10 110.40 69.70 Index Points [+]
Population 46.73 46.82 46.82 30.46 Million [+]
Retirement Age Women 65.13 65.00 65.13 65.00 [+]
Retirement Age Men 65.13 65.00 65.13 65.00 [+]
Minimum Wages 752.90 752.90 752.90 485.70 EUR [+]


Unemployment Rate Reference Previous Highest Lowest Unit
Australia 6.10 Aug/14 6.40 10.90 4.00 Percent [+]
Brazil 4.90 Apr/14 5.00 13.10 4.30 Percent [+]
Canada 7.00 Aug/14 7.00 13.10 2.90 Percent [+]
China 4.10 Jun/14 4.10 4.30 3.90 Percent [+]
Euro Area 11.50 Jul/14 11.50 12.00 7.20 Percent [+]
France 10.20 May/14 10.10 10.80 7.20 Percent [+]
Germany 4.90 Jul/14 5.00 14.20 0.40 Percent [+]
India 5.20 Dec/12 6.30 9.40 5.20 Percent [+]
Indonesia 5.70 Feb/14 6.17 11.24 2.00 Percent [+]
Italy 12.60 Jul/14 12.30 12.80 5.90 Percent [+]
Japan 3.80 Jul/14 3.70 5.60 1.00 Percent [+]
Mexico 5.47 Jul/14 4.80 5.93 2.22 Percent [+]
Netherlands 8.00 Aug/14 8.20 8.80 3.40 Percent [+]
Russia 4.80 Aug/14 4.90 14.10 4.80 Percent [+]
South Korea 3.50 Aug/14 3.40 7.10 2.90 Percent [+]
Spain 24.47 May/14 25.93 26.94 4.41 Percent [+]
Switzerland 3.00 Aug/14 2.90 5.40 1.60 Percent [+]
Turkey 9.10 Jun/14 8.80 16.10 8.00 Percent [+]
United Kingdom 6.20 Jul/14 6.40 12.00 3.40 Percent [+]
United States 6.10 Aug/14 6.20 10.80 2.50 Percent [+]





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