Labor Force Participation Rate in Spain increased to 58.58 percent in the second quarter of 2021 from 57.69 percent in the first quarter of 2021. source: National Statistics Institute (INE)

Labor Force Participation Rate in Spain averaged 54.27 percent from 1976 until 2021, 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. Spain Economic Activity Rate - values, historical data and charts - was last updated on August of 2021.

Labor Force Participation Rate in Spain is expected to be 57.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Economic Activity Rate is projected to trend around 58.50 percent in 2022 and 58.80 percent in 2023, according to our econometric models.

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Spain Economic Activity Rate

Actual Previous Highest Lowest Dates Unit Frequency
58.58 57.69 60.55 48.88 1976 - 2021 percent Quarterly
NSA

Spain Labour Last Previous Highest Lowest Unit
Unemployment Rate 15.26 15.98 26.94 4.41 percent [+]
Employed Persons 19671.70 19206.80 20510.60 10949.20 Thousand [+]
Unemployed Persons 3416.50 3614.34 5040.22 79.00 Thousand [+]
Unemployment Change -197.84 -166.91 461.00 -197.84 Thousand [+]
Part Time Employment 2835.40 2696.10 2951.50 572.70 Thousand [+]
Full Time Employment 16836.30 16510.60 18488.00 11007.60 Thousand [+]
Long Term Unemployment Rate 6.30 5.70 13.60 1.50 percent [+]
Youth Unemployment Rate 37.10 36.90 55.90 17.20 percent [+]
Labour Costs 102.50 108.30 108.40 66.70 points [+]
Productivity 100.20 98.80 105.20 85.10 points [+]
Job Vacancies 59.48 55.46 541.53 14.47 Thousand [+]
Wages 1907.82 2061.32 2075.43 1264.36 EUR/Month [+]
Minimum Wages 1108.33 1108.33 1108.33 485.71 EUR/Month [+]
Population 47.33 46.94 47.33 30.33 Million [+]
Retirement Age Women 66.00 65.83 66.00 65.00 [+]
Retirement Age Men 66.00 65.83 66.00 65.00 [+]
Labor Force Participation Rate 58.58 57.69 60.55 48.88 percent [+]
Wages In Manufacturing 2248.24 2442.35 2466.09 1372.25 EUR/Month [+]
Wage Growth 14.46 11.70 14.46 -7.18 percent [+]
Employment Change 1.00 1.20 3.00 -7.50 percent [+]
Employment Rate 49.63 48.47 54.73 38.36 percent [+]