Labor Force Participation Rate in Spain decreased to 58.72 percent in the third quarter of 2019 from 58.74 percent in the second quarter of 2019.

Labor Force Participation Rate in Spain averaged 54.12 percent from 1976 until 2019, reaching an all time high of 60.55 percent in the third quarter of 2012 and a record low of 48.88 percent in the second quarter of 1985. This page provides - Spain Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. source: National Statistics Institute (INE)

Labor Force Participation Rate in Spain is expected to be 62.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Spain to stand at 62.60 in 12 months time. In the long-term, the Spain Economic Activity Rate is projected to trend around 63.20 percent in 2020, according to our econometric models.

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Spain Economic Activity Rate

Actual Previous Highest Lowest Dates Unit Frequency
58.72 58.74 60.55 48.88 1976 - 2019 percent Quarterly
NSA
Spain Labour Last Previous Highest Lowest Unit
Unemployment Rate 13.92 14.02 26.94 4.41 percent [+]
Employed Persons 19874.30 19804.90 20510.60 10949.20 Thousand [+]
Unemployed Persons 3163.61 3198.18 5040.22 79.00 Thousand [+]
Unemployment Change -34.60 20.50 461.01 -129.30 Thousand [+]
Part Time Employment 2789.20 2951.50 2951.50 572.70 Thousand [+]
Full Time Employment 17085.10 16853.40 18488.00 11007.60 Thousand [+]
Long Term Unemployment Rate 5.20 5.40 13.60 1.50 percent [+]
Youth Unemployment Rate 32.10 32.80 55.90 17.20 percent [+]
Productivity 113.90 105.90 113.90 85.70 points [+]
Labour Costs 104.80 100.40 105.90 66.70 points [+]
Job Vacancies 32.34 46.97 541.53 19.61 Thousand [+]
Wages 1876.95 1992.18 2039.01 1264.36 EUR/Month [+]
Minimum Wages 1050.00 1050.00 1050.00 485.71 EUR/Month [+]
Population 46.66 46.53 46.82 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 58.72 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 Low Skilled 932.00 894.00 1150.00 894.00 EUR/Month [+]
Wage Growth 5.34 4.71 9.03 -7.18 percent [+]
Employment Change 0.10 0.30 1.60 -2.80 percent [+]
Employment Rate 64.54 64.49 67.18 54.91 percent [+]