Spain Unemployment Rate  1976-2016 | Data | Chart | Calendar | Forecast

The jobless rate in Spain declined for the second straight quarter to 20.9 percent in the last three months of 2015 from 21.18 percent in the previous period, reaching a fresh low since the second quarter of 2011. In 2015, unemployment went down 12.43 percent, the biggest decline on record. Unemployment Rate in Spain averaged 16.46 percent from 1976 until 2015, 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
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Actual Previous Highest Lowest Dates Unit Frequency
20.90 21.18 26.94 4.41 1976 - 2015 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 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 February of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-07-23 08:00 AM Q2 22.37% 23.78% 23.1% 23.5%
2015-10-22 08:00 AM Q3 21.18% 22.37% 22.15% 21.51%
2016-01-28 08:00 AM Q4 20.9% 21.18% 21.05% 21.13%
2016-04-28 07:00 AM Q1 20.9% 20.78%
2016-07-28 07:00 AM Q2 20.16%
2016-10-27 07:00 AM Q3 19.87%

Spain Unemployment Rate Down to 4-1/2-Year Low


The jobless rate in Spain declined for the second straight quarter to 20.9 percent in the last three months of 2015 from 21.18 percent in the previous period, reaching a fresh low since the second quarter of 2011. In 2015, unemployment went down 12.43 percent, the biggest decline on record.

In the last three months of 2015, the number of unemployed persons fell by 71.3 thousand to 4779.5 thousand. By region, the biggest declines in unemployment were recorded in Andalucía (-83.6 thousand unemployed persons), Valencia (-22.3 thousand) and Canarias (-20.1 thousand).

Employment went up by 45.5 thousand to 18094.2 thousand. The private sector added 31.2 thousand jobs in the last three months of 2015 and the public sector added 14.3 thousand. Job gains occurred in agriculture (+70.2 thousand) and services (+54.9 thousand) but employment decreased in industry (-55.5 thousand) and construction (-24.1 thousand). By region, the biggest job gains occurred in Andalucía (+61.3 thousand), Madrid (+39.4 thousand) and Valencia (+22.6 thousand) but losses were recorded in Illes Ballears (-53.8 thousand).

Considering full 2015, the number of unemployed decreased by 678.2 thousand persons or 12.43 percent, the biggest decrease on record while employment went up by 525.1 thousand or 2.99 percent.

INE | Joana Taborda | joana.taborda@tradingeconomics.com
1/28/2016 9:13:35 AM

Spain Labour Last Previous Highest Lowest Unit
Unemployment Rate 20.90 21.18 26.94 4.41 percent [+]
Employed Persons 18094.20 18048.70 20510.60 10949.20 Thousand [+]
Unemployed Persons 4043.63 4114.83 4889.46 468.29 Thousand [+]
Unemployment Change 57.25 -74.03 461.01 -127.25 Thousand [+]
Part Time Employment 2843.70 2750.40 2844.10 572.70 Thousand [+]
Full Time Employment 15250.50 15298.30 18488.00 11007.60 Thousand [+]
Long Term Unemployment Rate 10.80 11.80 13.60 1.50 percent [+]
Youth Unemployment Rate 46.00 46.30 55.90 17.20 percent [+]
Labour Costs 96.70 102.00 105.70 66.70 Index Points [+]
Productivity 111.30 105.10 112.40 85.70 Index Points [+]
Job Vacancies 33.06 32.48 1869.65 24.05 Thousand [+]
Wages 1809.88 1941.74 2020.13 1264.36 EUR/Month [+]
Minimum Wages 764.00 756.70 764.00 485.71 EUR/Month [+]
Population 46.44 46.73 46.82 30.33 Million [+]
Retirement Age Women 65.25 65.15 65.25 65.00 [+]
Retirement Age Men 65.25 65.15 65.25 65.00 [+]
Employment Change 0.60 0.90 1.80 -2.30 percent [+]
Employment Rate 59.53 59.36 67.18 54.91 percent [+]
Labor Force Participation Rate 59.43 59.50 60.55 48.88 percent [+]
Wages High Skilled 2000.00 2000.00 2000.00 2000.00 EUR/Month [+]
Wages Low Skilled 850.00 850.00 900.00 850.00 EUR/Month [+]




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