Labor Force Participation Rate in Spain decreased to 58.35 percent in the first quarter of 2019 from 58.61 percent in the fourth quarter of 2018. Labor Force Participation Rate in Spain averaged 54.07 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 61.50 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 62.00 in 12 months time. In the long-term, the Spain Economic Activity Rate is projected to trend around 63.00 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 14.70 14.45 26.94 4.41 percent [+]
Employed Persons 19471.10 19564.60 20510.60 10949.20 Thousand [+]
Unemployed Persons 3127.35 3147.42 4889.46 468.29 Thousand [+]
Unemployment Change -84.10 -91.50 461.01 -129.30 Thousand [+]
Part Time Employment 2900.70 2894.80 2900.70 572.70 Thousand [+]
Full Time Employment 16570.40 16669.80 18488.00 11007.60 Thousand [+]
Long Term Unemployment Rate 5.70 6.10 13.60 1.50 percent [+]
Youth Unemployment Rate 32.70 33.80 56.00 17.20 percent [+]
Productivity 101.80 109.80 112.30 85.70 Index Points [+]
Labour Costs 106.00 98.40 106.00 66.70 Index Points [+]
Job Vacancies 64.12 51.44 541.53 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 65.50 65.42 65.50 65.00 [+]
Retirement Age Men 65.50 65.42 65.50 65.00 [+]
Labor Force Participation Rate 58.35 58.61 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 [+]
Employment Change 0.70 0.70 1.80 -2.30 percent [+]
Employment Rate 63.58 64.00 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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
58.35 58.61 60.55 48.88 1976 - 2019 percent Quarterly
NSA




Country Last Previous
United Kingdom 79.20 Mar/19
France 72.30 Mar/19
Netherlands 71.00 Apr/19
Indonesia 69.20 Dec/18
Switzerland 68.30 Mar/19
Singapore 67.70 Dec/18
Australia 66.00 May/19
Canada 65.70 May/19
Italy 65.70 Apr/19
South Korea 64.00 May/19
United States 62.80 May/19
Japan 62.10 Apr/19
Russia 62.10 Feb/19
Brazil 61.90 Apr/19
Germany 61.80 Dec/18
Mexico 59.70 Apr/19
South Africa 58.80 Mar/19
Spain 58.35 Mar/19
Euro Area 57.40 Dec/18
Saudi Arabia 55.90 Dec/18
Turkey 53.30 Mar/19
India 50.30 Dec/14
Argentina 47.00 Mar/19


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