The number of people registering as jobless in Spain rose by 60,404, or 2.2%, bringing the total to 2.77 million in January 2024. Despite this uptick, it's noteworthy that the overall number of unemployed individuals for January was the lowest recorded since 2008. The surge in jobless figures was primarily concentrated in the services sector, with an increase of 58,721 people, followed by agriculture (+1,256) and industry (+440), while there was a decline in the construction sector (-1,234). Simultaneously, a separate report from the Social Security Ministry revealed that Spain added 38,357 net formal jobs in January, bringing the total to 20.88 million jobs. source: Ministerio de Empleo y Seguridad Social

Unemployment Change in Spain increased to 60.40 Thousand in January from -27.38 Thousand in December of 2023. Unemployment Change in Spain averaged 3.47 Thousand from 1960 until 2024, reaching an all time high of 461.00 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 February of 2024.

Unemployment Change in Spain increased to 60.40 Thousand in January from -27.38 Thousand in December of 2023. Unemployment Change in Spain is expected to be -12.00 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 -23.00 Thousand in 2025, according to our econometric models.

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Spain Unemployment Change


Calendar GMT Reference Actual Previous Consensus TEForecast
2024-01-03 08:00 AM
Unemployment Change
Dec -27.4K -24.6K -15.7K -35.0K
2024-02-02 08:00 AM
Unemployment Change
Jan 60.4K -27.4K 40.0K
2024-03-04 08:00 AM
Unemployment Change
Feb 60.4K -5.0K


Related Last Previous Unit Reference
Unemployed Persons 2767.86 2707.46 Thousand Jan 2024
Unemployment Change 60.40 -27.38 Thousand Jan 2024
Retirement Age Women 66.50 66.33 Years Dec 2024
Retirement Age Men 66.50 66.33 Years Dec 2024

Spain Unemployment Change
Unemployment Change in Spain measures the change in the number of unemployed compared to the previous month.
Actual Previous Highest Lowest Dates Unit Frequency
60.40 -27.38 461.00 -197.84 1960 - 2024 Thousand Monthly
Volumes, NSA

News Stream
Spain Unemployment Levels Rise in January
The number of people registering as jobless in Spain rose by 60,404, or 2.2%, bringing the total to 2.77 million in January 2024. Despite this uptick, it's noteworthy that the overall number of unemployed individuals for January was the lowest recorded since 2008. The surge in jobless figures was primarily concentrated in the services sector, with an increase of 58,721 people, followed by agriculture (+1,256) and industry (+440), while there was a decline in the construction sector (-1,234). Simultaneously, a separate report from the Social Security Ministry revealed that Spain added 38,357 net formal jobs in January, bringing the total to 20.88 million jobs.
2024-02-02
Spain Unemployment Levels Drop for 2nd Straight Month
The number of people registering as jobless in Spain decreased by 27,375, or 1%, reaching 2.71 million in December 2023, a significant drop and the lowest recorded unemployment figure for December since 2007. The decline in jobless numbers primarily occurred in services (-25,158 people) and agriculture (-1,965), whereas there was an increase in both construction (+5,285) and industry (+1,481). Meanwhile, a distinct report from the Social Security Ministry indicated that Spain added 23,287 net formal jobs in December, bringing the total to 20.77 million jobs.
2024-01-03
Spain Unemployment Levels Fall in November
The number of people registering as jobless in Spain fell by 24,573, or 0.9%, to 2.73 million in November 2023, marking the lowest unemployment count for a November month since 2007. Jobless numbers have declined across all sectors, including services (-17,335 people), industry (-2,654), agriculture (-2,175), and construction (-1,072). In terms of regions, the most significant decreases were reported in Andalucía (-8,852), Comunidad de Madrid (-6,753), and Comunidad Valenciana (-5,111). Meanwhile, a separate report from the Social Security Ministry revealed that Spain gained 10,350 net formal jobs in November, bringing the total number of jobs to 20.75 million.
2023-12-04