Youth Unemployment Rate in Spain increased to 32.90 percent in May from 32.70 percent in April of 2020.

Youth Unemployment Rate in Spain averaged 34.61 percent from 1986 until 2020, reaching an all time high of 55.90 percent in July of 2013 and a record low of 17.20 percent in February of 2007. This page provides the latest reported value for - Spain Youth Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Spain Youth Unemployment Rate - values, historical data and charts - was last updated on July of 2020. source: Eurostat

Youth Unemployment Rate in Spain is expected to be 34.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Youth Unemployment Rate in Spain to stand at 34.30 in 12 months time. In the long-term, the Spain Youth Unemployment Rate is projected to trend around 34.30 percent in 2021 and 32.60 percent in 2022, according to our econometric models.

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Spain Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
32.90 32.70 55.90 17.20 1986 - 2020 percent Monthly
SA

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 3862.88 3857.78 5040.22 79.00 Thousand [+]
Unemployment Change 5.10 26.60 461.00 -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 5.10 13.60 1.50 percent [+]
Youth Unemployment Rate 32.90 32.70 55.90 17.20 percent [+]
Labour Costs 101.10 108.40 108.40 66.70 points [+]
Productivity 101.40 101.60 102.10 85.10 points [+]
Job Vacancies 30.48 14.47 541.53 14.47 Thousand [+]
Wages 1889.78 2075.43 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 65.83 65.67 65.83 65.00 [+]
Retirement Age Men 65.83 65.67 65.83 65.00 [+]
Wages In Manufacturing 2466.09 2207.71 2466.09 1372.25 EUR/Month [+]
Wage Growth -1.55 -1.97 9.03 -7.18 percent [+]
Labor Force Participation Rate 58.18 58.74 60.55 48.88 percent [+]
Employment Change -1.00 0.80 1.60 -2.80 percent [+]
Employment Rate 63.60 64.71 67.18 54.91 percent [+]