Spain Unemployment Rate 1976-2015 | Data | Chart | Calendar | Forecast

Unemployment Rate in Spain increased to 23.70 percent in the fourth quarter of 2014 from 23.67 percent in the third quarter of 2014. Unemployment Rate in Spain averaged 16.32 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).

      Forecast    
Spain Unemployment Rate


Actual Previous Highest Lowest Dates Unit Frequency
23.70 23.67 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 Saturday, January 31, 2015.


Spanish Unemployment Rate Stable in Q4


Spain’s jobless rate was recorded at 23.7 percent in the three months to December, marginally up from 23.67 percent in the third quarter. Although the number of unemployed came slightly above market expectations, employment posted the highest gain since 2006.

The number of employed rose by 65,100 persons over the previous quarter to 17.57 million. There were more people employed in agriculture (+62,800 persons), industry (+11,700) and construction (+7,800). In contrast, employment fell in the services sector (-17,200). The private sector added 63,100 new jobs while public employment gained 2,000.

The number of unemployed rose by 30,100 persons to 5.46 million. Among regions, Valencia (-44,700), Andalucía (-23,300) and Canarias (-20,100) recorded the biggest drop in unemployment while Catalonia (+30,500), Madrid (+28,800) and Basque Country (+19,000) showed the biggest increases.
Considering full 2014, the number of unemployed decreased for the second consecutive year. 

Carolina Cunha | carolina.cunha@tradingeconomics.com
1/22/2015 12:09:57 PM


Recent Releases

Spanish Unemployment Rate Continues to Fall in Q3
In the third quarter of 2014, Spanish jobless rate edged down to 23.67 percent from 24.47 percent in the previous period. It is the lowest rate since the fourth quarter of 2011 due to strong job creation in the private sector. Published on 2014-10-23

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. Published on 2014-07-24


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-07-24 08:00 AM
Unemployment Rate  Q2
24.47% 25.93% 25.2% 25.8%
2014-10-23 08:00 AM
Unemployment Rate  Q3
23.67% 24.47% 24.3% 24.5%
2015-01-22 08:00 AM
Unemployment Rate  Q4
23.7% 23.67% 23.5% 23.5%
2015-04-23 08:00 AM
Unemployment Rate  Q1
23.7% 23.1%
2015-07-23 08:00 AM
Unemployment Rate  Q2
22.6%
2015-10-22 08:00 AM
Unemployment Rate  Q3
21.9%


Spain Labour Last Previous Highest Lowest Unit
Unemployment Rate 23.70 23.67 26.94 4.41 percent [+]
Employed Persons 17569.10 17504.00 20510.60 10949.20 Thousand [+]
Unemployed Persons 4466.03 4471.53 4889.46 468.29 Thousand [+]
Job Vacancies 41.52 57.16 1869.65 24.05 Thousand [+]
Long Term Unemployment Rate 12.90 13.60 13.60 1.50 percent [+]
Youth Unemployment Rate 51.40 51.80 56.40 17.40 percent [+]
Productivity 100.70 106.10 110.40 69.70 Index Points [+]
Wages 1894.84 1875.23 1894.84 1335.20 EUR [+]
Labour Costs 100.70 106.10 110.40 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 Dec/14 6.20 10.90 4.00 percent [+]
Brazil 4.30 Dec/14 4.80 13.10 4.30 percent [+]
Canada 6.70 Dec/14 6.70 13.10 2.90 percent [+]
China 4.10 Dec/14 4.10 4.30 3.90 percent [+]
Euro Area 11.40 Dec/14 11.50 12.00 7.20 percent [+]
France 10.40 Aug/14 10.10 10.80 7.20 percent [+]
Germany 4.80 Dec/14 4.90 14.20 0.40 percent [+]
India 5.20 Dec/12 6.30 9.40 5.20 percent [+]
Indonesia 5.94 Aug/14 5.70 11.24 2.00 percent [+]
Italy 12.90 Dec/14 13.30 13.40 5.90 percent [+]
Japan 3.40 Dec/14 3.50 5.60 1.00 percent [+]
Mexico 3.76 Dec/14 4.53 5.93 2.22 percent [+]
Netherlands 8.10 Dec/14 8.00 8.80 3.40 percent [+]
Russia 5.30 Dec/14 5.20 14.10 4.80 percent [+]
South Korea 3.50 Dec/14 3.40 7.10 2.90 percent [+]
Spain 23.70 Nov/14 23.67 26.94 4.41 percent [+]
Switzerland 3.40 Dec/14 3.20 5.40 1.60 percent [+]
Turkey 10.40 Oct/14 10.50 16.10 8.00 percent [+]
United Kingdom 5.80 Nov/14 6.00 12.00 3.40 percent [+]
United States 5.60 Dec/14 5.80 10.80 2.50 percent [+]