The number of people registered as unemployed in Spain declined by 82,583 from a month earlier to 3.3 million in August of 2021, the largest drop in any month of August in the entire historical series. August is traditionally a month in which registered unemployment rises due to a decrease in activity in many sectors due to the holiday period, however, this year has six months of continuous decline. Since February, unemployment has dropped already by 675,000 people. By sector, unemployment decreased in services (-46,224), agriculture (-13,499) and industry (-1,126), while it increased in construction (1,139). ). By region, the biggest declines were reported in Andalucía (-32,102), the Canarias (-19,844 people) and Cataluña (-17,186). source: Ministerio de Empleo y Seguridad Social
Unemployment Change in Spain averaged 4.37 Thousand from 1960 until 2021, reaching an all time high of 461 Thousand in January of 2001 and a record low of -197.84 Thousand in July of 2021. 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 September of 2021.
Unemployment Change in Spain is expected to be 59.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Unemployment Change is projected to trend around -20.00 Thousand in 2022 and -14.00 Thousand in 2023, according to our econometric models.