Employment Rate in Spain decreased to 63.60 percent in the first quarter of 2020 from 64.71 percent in the fourth quarter of 2019.
Employment Rate in Spain averaged 61.32 percent from 2002 until 2020, reaching an all time high of 67.18 percent in the third quarter of 2007 and a record low of 54.91 percent in the first quarter of 2013. This page provides - Spain Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Spain Employment Rate - values, historical data and charts - was last updated on July of 2020. source: National Statistics Institute (INE)
Employment Rate in Spain is expected to be 61.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Spain to stand at 60.50 in 12 months time. In the long-term, the Spain Employment Rate is projected to trend around 61.60 percent in 2021 and 62.80 percent in 2022, according to our econometric models.