Spain Unemployment Rate  1976-2017 | Data | Chart | Calendar | Forecast

Spain's unemployment rate rose to 18.75 percent in the first quarter of 2017 from 18.63 percent in the previous period while markets expected it would remain unchanged. It was the first increase in jobless rate in a year, as the number of unemployed rose in all sectors, mainly in services, while the number of employed fell. Unemployment Rate in Spain averaged 16.55 percent from 1976 until 2017, 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.

Spain Unemployment Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-10-27 07:00 AM Q3 18.91% 20% 19.3% 19.5%
2017-01-26 08:00 AM Q4 18.63% 18.91% 18.7% 18.7%
2017-04-27 07:00 AM Q1 18.75% 18.60% 18.6% 18.8%
2017-07-27 07:00 AM Q2 18.75% 18.5%
2017-10-26 07:00 AM Q3 18.2%




Spanish Jobless Rate Rises To 18.75% In Q1


Spain's unemployment rate rose to 18.75 percent in the first quarter of 2017 from 18.63 percent in the previous period while markets expected it would remain unchanged. It was the first increase in jobless rate in a year, as the number of unemployed rose in all sectors, mainly in services, while the number of employed fell.

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

The number of jobless people increased by 17.2 thousand, or 0.4 percent, from the previous quarter to 4.26 million as unemployment grew in all sectors, mainly in services (104.8 thousand). The largest increases occurred in Catalonia (18.2 thousand), Balearic Islands (16.7 thousand) and Galacia (12.9 thousand).

The number of employed decreased by 69.8 thousand, or 0.4 percent, from the previous quarter to 18.44 million, as employment in the private sector dropped sharply by 57.6 thousand and in the public sector it fell by 12.3 thousand. Among sectors, jobs fell in services (-94.7 thousand) and in industry (-8.2 thousand) but increased in both agriculture (31 thousand) and construction (2.1 thousand). By region, the largest decreases in the quarter were reported in Valencia (-29.3 thousand), Balearic Islands (-22.1 thousand) and Canarias (-16.6 thousand).

The number of active population went down by 52.6 thousand to 22.693 million, as the number of active men fell by 27.9 thousand while the number of active women went up by 24.7 thousand. The labor force participation rate decreased to 58.78 percent.

A year earlier, the unemployment rate was recorded at 21.0 percent.

Unemployment has been falling since the jobless rate hit a high of 27 percent in 2013. Still, Spain has the second highest unemployment rate in the EU after Greece.

INE | Joana Ferreira | joana.ferreira@tradingeconomics.com
4/27/2017 7:52:57 AM



Spain Labour Last Previous Highest Lowest Unit
Unemployment Rate 18.75 18.63 26.94 4.41 percent [+]
Employed Persons 18438.30 18508.10 20510.60 10949.20 Thousand [+]
Unemployed Persons 3526.58 3597.35 4889.46 468.29 Thousand [+]
Unemployment Change -129.30 -48.56 461.01 -129.30 Thousand [+]
Part Time Employment 2874.30 2833.00 2874.30 572.70 Thousand [+]
Full Time Employment 15564.00 15675.10 18488.00 11007.60 Thousand [+]
Long Term Unemployment Rate 8.90 9.10 13.60 1.50 percent [+]
Youth Unemployment Rate 40.50 41.00 56.10 17.20 percent [+]
Productivity 109.50 111.40 112.40 85.70 Index Points [+]
Labour Costs 104.30 96.20 105.70 66.70 Index Points [+]
Job Vacancies 52.47 55.26 541.53 19.61 Thousand [+]
Wages 2010.73 1804.01 2026.14 1264.36 EUR/Month [+]
Minimum Wages 825.65 764.40 825.65 485.71 EUR/Month [+]
Population 46.45 46.45 46.82 30.33 Million [+]
Retirement Age Women 65.42 65.33 65.42 65.00 [+]
Retirement Age Men 65.42 65.33 65.42 65.00 [+]
Employment Change 0.40 0.70 1.80 -2.30 percent [+]
Employment Rate 60.82 61.05 67.18 54.91 percent [+]
Wages High Skilled 2110.00 2130.00 2130.00 2000.00 EUR/Month [+]
Wages Low Skilled 876.00 858.00 900.00 816.00 EUR/Month [+]
Labor Force Participation Rate 58.78 58.95 60.55 48.88 percent [+]
Living Wage Family 1048.90 1004.00 1570.00 967.80 EUR/Month [+]
Living Wage Individual 870.70 834.40 870.70 797.00 EUR/Month [+]


Spain Unemployment Rate Notes

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 2017.

Actual Previous Highest Lowest Dates Unit Frequency
18.75 18.63 26.94 4.41 1976 - 2017 percent Quarterly



unemployment rate by Country

Last
Spain 18.75 Mar/17
Brazil 13.70 Mar/17
Turkey 12.60 Feb/17
Italy 11.70 Mar/17
France 9.60 Mar/17
Euro Area 9.50 Mar/17
Canada 6.50 Apr/17
Australia 5.70 Apr/17
Indonesia 5.33 Mar/17
Russia 5.30 Apr/17
Netherlands 5.10 Apr/17
India 4.90 Dec/13
United Kingdom 4.60 Mar/17
United States 4.40 Apr/17
South Korea 4.00 Apr/17
China 3.97 Mar/17
Germany 3.90 Mar/17
Switzerland 3.30 Apr/17
Mexico 3.19 Mar/17
Japan 2.80 Mar/17