Youth Unemployment Rate in Spain decreased to 32.10 percent in November from 32.80 percent in October of 2019. Youth Unemployment Rate in Spain averaged 34.65 percent from 1986 until 2019, reaching an all time high of 55.90 percent in February of 2013 and a record low of 17.20 percent in February of 2007. source: Eurostat

Youth Unemployment Rate in Spain is expected to be 33.50 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 32.40 in 12 months time. In the long-term, the Spain Youth Unemployment Rate is projected to trend around 32.40 percent in 2020, according to our econometric models.


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Spain Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
32.10 32.80 55.90 17.20 1986 - 2019 percent Monthly
SA

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 [+]