The number of people registered as unemployed in Spain dropped by 63.8 thousand, or 4.63 percent, to 3.016 million in June 2019, the lowest level since November 2008. It compares with market expectations of a 90 thousand decline. By sector, unemployment fell in: without previous job (-8 thousand), industry (-5.8 thousand), construction (-4 thousand) and services (-51.8 thousand); while rose in agriculture and fishery (+5.8 thousand). By regions, main declines were recorded in Catalonia (-13.8 thousand), Castilla y León (-7.2 thousand) and Madrid (-6.5 thousand). Unemployment went down by 16 thousand for those under 25 years old and by 47.8 thousand for those aged more than 25. Unemployment Change in Spain averaged 4.09 Thousand from 1960 until 2019, reaching an all time high of 461.01 Thousand in January of 2001 and a record low of -129.30 Thousand in April of 2017.

Unemployment Change in Spain is expected to be 32.00 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 -82.00 in 12 months time. In the long-term, the Spain Unemployment Change is projected to trend around -36.00 Thousand in 2020, according to our econometric models.

Spain Unemployment Change
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2019-04-02 07:00 AM Unemployment Change Mar -34K 3.3K -33.3K -38.6K
2019-05-06 07:00 AM Unemployment Change Apr -92K -34K -85K -72K
2019-06-04 07:00 AM Unemployment Change May -84.1K -91.5K -67K -76K
2019-07-02 07:00 AM Unemployment Change Jun -63.8K -84.1K -90K -89K
2019-08-02 07:00 AM Unemployment Change Jul -63.8K -27K
2019-09-03 07:00 AM Unemployment Change Aug 51K
2019-10-02 07:00 AM Unemployment Change Sep 32K


Spain Labour Last Previous Highest Lowest Unit
Unemployment Rate 14.70 14.45 26.94 4.41 percent [+]
Employed Persons 19471.10 19564.60 20510.60 10949.20 Thousand [+]
Unemployed Persons 3136.34 3127.35 4889.46 468.29 Thousand [+]
Unemployment Change -63.80 -84.10 461.01 -129.30 Thousand [+]
Part Time Employment 2900.70 2894.80 2900.70 572.70 Thousand [+]
Full Time Employment 16570.40 16669.80 18488.00 11007.60 Thousand [+]
Long Term Unemployment Rate 5.60 5.70 13.60 1.50 percent [+]
Youth Unemployment Rate 31.70 32.70 56.00 17.20 percent [+]
Productivity 101.80 109.80 112.30 85.70 Index Points [+]
Labour Costs 100.40 105.90 105.90 66.70 Index Points [+]
Job Vacancies 51.75 64.12 541.53 19.61 Thousand [+]
Wages 1876.19 2039.01 2039.01 1264.36 EUR/Month [+]
Minimum Wages 1050.00 858.55 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 58.35 58.61 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 4.62 4.08 9.03 -7.18 percent [+]
Employment Change 0.70 0.70 1.80 -2.30 percent [+]
Employment Rate 63.58 64.00 67.18 54.91 percent [+]


Spain Unemployment Change

Unemployment Change in Spain measures the change in the number of unemployed compared to the previous month. 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 - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-63.80 -84.10 461.01 -129.30 1960 - 2019 Thousand Monthly
Volumes, NSA




Country Last Previous
Germany -1.00 Jun/19
Spain -63.80 Jun/19


Related

Latest