Employment Rate in Spain decreased to 63.60 percent in the first quarter of 2020 from 64.71 percent in the fourth quarter of 2019.

Employment Rate in Spain averaged 61.32 percent from 2002 until 2020, reaching an all time high of 67.18 percent in the third quarter of 2007 and a record low of 54.91 percent in the first quarter of 2013. This page provides - Spain Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Spain Employment Rate - values, historical data and charts - was last updated on May of 2020. source: National Statistics Institute (INE)

Employment Rate in Spain is expected to be 64.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Spain to stand at 65.00 in 12 months time. In the long-term, the Spain Employment Rate is projected to trend around 65.20 percent in 2021, according to our econometric models.

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Spain Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
63.60 64.71 67.18 54.91 2002 - 2020 percent Quarterly
NSA

Spain Labour Last Previous Highest Lowest Unit
Unemployment Rate 14.41 13.78 26.94 4.41 percent [+]
Employed Persons 19681.30 19966.90 20510.60 10949.20 Thousand [+]
Unemployed Persons 3831.20 3548.31 5040.22 79.00 Thousand [+]
Unemployment Change 282.90 302.30 461.00 -129.30 Thousand [+]
Part Time Employment 2848.30 2944.80 2951.50 572.70 Thousand [+]
Full Time Employment 16833.00 17022.10 18488.00 11007.60 Thousand [+]
Long Term Unemployment Rate 5.10 5.20 13.60 1.50 percent [+]
Youth Unemployment Rate 33.10 30.90 55.90 17.20 percent [+]
Labour Costs 108.40 100.50 108.40 66.70 points [+]
Productivity 101.40 101.60 102.10 85.10 points [+]
Job Vacancies 14.47 29.61 541.53 14.47 Thousand [+]
Wages 2075.43 1876.95 2075.43 1264.36 EUR/Month [+]
Minimum Wages 1050.00 1050.00 1050.00 485.71 EUR/Month [+]
Population 46.94 46.66 46.94 30.33 Million [+]
Retirement Age Women 65.67 65.50 65.67 65.00 [+]
Retirement Age Men 65.67 65.50 65.67 65.00 [+]
Labor Force Participation Rate 58.18 58.74 60.55 48.88 percent [+]
Living Wage Family 1150.00 1120.00 1150.00 1060.00 EUR/Month [+]
Living Wage Individual 855.00 820.00 855.00 770.00 EUR/Month [+]
Wages High Skilled 1990.00 1990.00 2120.00 1990.00 EUR/Month [+]
Wages In Manufacturing 2466.09 2207.71 2466.09 1372.25 EUR/Month [+]
Wages Low Skilled 932.00 894.00 1150.00 894.00 EUR/Month [+]
Wage Growth -1.97 3.91 9.03 -7.18 percent [+]
Employment Change 0.80 0.10 1.60 -2.80 percent [+]
Employment Rate 63.60 64.71 67.18 54.91 percent [+]


Spain Employment Rate
In Spain, the employment rate measures the number of people who have a job as a percentage of the working age population.