The number of people registered as unemployed in Spain fell by 89.8 thousand from a month earlier to 3.77 million in July 2020, following record rises recorded in March and April amid the easing of coronavirus lockdown restrictions. It was the biggest decline in the number of unemployed people for a July month since 1997. By sector, unemployment dropped in services (-84.563 thousand), industry (-9.444 thousand) and construction (-6.556 thousand), but rose in agriculture (11.108 thousand). By gender, unemployment among women was down by 38.3 thousand, and among men fell by 51.5 thousand. By region, the biggest decreases were recorded in Andalucia and Comunidad Valenciana, while the largest increases were seen in Madrid and Murcia.
Unemployment Change in Spain averaged 5.06 Thousand from 1960 until 2020, reaching an all time high of 461 Thousand in January of 2001 and a record low of -129.30 Thousand in April of 2017. This page provides the latest reported value for - Spain Unemployment Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Spain Unemployment Change - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020. source: Ministerio de Empleo y Seguridad Social
Unemployment Change in Spain is expected to be 44.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Change in Spain to stand at -40.00 in 12 months time. In the long-term, the Spain Unemployment Change is projected to trend around -36.00 Thousand in 2021 and -20.00 Thousand in 2022, according to our econometric models.