Employment Rate in Spain decreased to 47.03 percent in the second quarter of 2020 from 49.80 percent in the first quarter of 2020.
Employment Rate in Spain averaged 45.26 percent from 1976 until 2020, reaching an all time high of 54.73 percent in the third quarter of 2007 and a record low of 38.36 percent in the second quarter of 1985. 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 October of 2020. source: National Statistics Institute (INE)
Employment Rate in Spain is expected to be 45.00 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 47.40 in 12 months time. In the long-term, the Spain Employment Rate is projected to trend around 49.00 percent in 2021 and 50.00 percent in 2022, according to our econometric models.