Labor Force Participation Rate in Spain increased to 58.74 percent in the second quarter of 2019 from 58.35 percent in the first quarter of 2019. Labor Force Participation Rate in Spain averaged 54.10 percent from 1976 until 2019, 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.

Labor Force Participation Rate in Spain is expected to be 61.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Spain to stand at 62.40 in 12 months time. In the long-term, the Spain Economic Activity Rate is projected to trend around 63.20 percent in 2020, according to our econometric models.

Spain Economic Activity Rate
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Spain Labour Last Previous Highest Lowest Unit
Unemployment Rate 14.02 14.70 26.94 4.41 percent [+]
Employed Persons 19804.90 19471.10 20510.60 10949.20 Thousand [+]
Unemployed Persons 3139.25 3136.34 4889.46 468.29 Thousand [+]
Unemployment Change -4.30 -63.80 461.01 -129.30 Thousand [+]
Part Time Employment 2951.50 2900.70 2951.50 572.70 Thousand [+]
Full Time Employment 16853.40 16570.40 18488.00 11007.60 Thousand [+]
Long Term Unemployment Rate 5.60 5.70 13.60 1.50 percent [+]
Youth Unemployment Rate 32.40 32.70 55.90 17.20 percent [+]
Productivity 105.90 101.80 112.30 85.70 Index Points [+]
Labour Costs 100.40 105.90 105.90 66.70 Index Points [+]
Job Vacancies 46.34 51.75 541.53 19.61 Thousand [+]
Wages 1876.19 2039.01 2039.01 1264.36 EUR/Month [+]
Minimum Wages 1050.00 858.55 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 58.74 58.35 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 4.96 4.62 9.03 -7.18 percent [+]
Employment Change 0.70 0.70 1.80 -2.30 percent [+]
Employment Rate 64.49 63.58 67.18 54.91 percent [+]


Spain Economic Activity Rate

This page provides - Spain Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Spain Economic Activity Rate - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
58.74 58.35 60.55 48.88 1976 - 2019 percent Quarterly
NSA




Country Last Previous
United Kingdom 79.30 May/19
France 72.00 Jun/19
Netherlands 71.20 Jul/19
Indonesia 69.20 Dec/18
Switzerland 68.30 Mar/19
Russia 67.70 Mar/19
Singapore 67.70 Dec/18
Australia 66.10 Jul/19
Italy 65.70 Jun/19
Canada 65.60 Jul/19
South Korea 64.00 Jul/19
United States 63.00 Jul/19
Japan 62.30 Jun/19
Brazil 62.10 Jun/19
Germany 61.50 Mar/19
Mexico 60.50 Jun/19
South Africa 59.80 Jun/19
Spain 58.74 Jun/19
Euro Area 57.10 Mar/19
Saudi Arabia 56.40 Mar/19
Turkey 52.80 May/19
India 49.80 Dec/18
Argentina 47.00 Mar/19


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