Spain Unemployment Change

The number of people registered as unemployed in Spain increased by 83,464 from a month earlier, or 2.61 percent, to 3.29 million in January of 2019 as employers shed workers hired for the Christmas season. By sector, unemployed went up in services (+85,584), agriculture (+4,920) and industry (+1,202) while fell in construction (-6,896). Registered unemployment rose in the 17 autonomous communities, mostly in Andalucia (+19,996), Madrid (+11,308) and Comunidad Valenciana (+9,369). Also, unemployment increased by 10,252 for people below 25 years old and for those aged more than 25, jobless went up by 73,212. Unemployment Change in Spain averaged 4.50 Thousand from 1960 until 2019, reaching an all time high of 461.01 Thousand in January of 2001 and a record low of -129.30 Thousand in April of 2017.

Unemployment Change in Spain is expected to be -38.60 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Change in Spain to stand at -45.50 in 12 months time. In the long-term, the Spain Unemployment Change is projected to trend around -32.10 Thousand in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2018-11-05	08:00 AM	Unemployment Change	52.19K	20.4K		49.1K
2018-12-04	08:00 AM	Unemployment Change	-1.84K	52.19K	34.2K	15.1K
2019-01-03	08:00 AM	Unemployment Change	-50.6K	-1.84K		-50.7K
2019-02-04	08:00 AM	Unemployment Change	83.5K	-50.6K	60.3K	59K
2019-03-04	08:00 AM	Unemployment Change		83.5K
2019-04-02	07:00 AM	Unemployment Change				-38.6K
2019-05-06	07:00 AM	Unemployment Change

Spain Labour	Last	Previous	Highest	Lowest	Unit
Unemployment Rate	14.45	14.55	26.94	4.41	percent	[+]
Employed Persons	19564.60	19528.00	20510.60	10949.20	Thousand	[+]
Unemployed Persons	3189.70	3188.21	4889.46	468.29	Thousand	[+]
Unemployment Change	83.50	-50.60	461.01	-129.30	Thousand	[+]
Part Time Employment	2894.80	2713.80	2899.70	572.70	Thousand	[+]
Full Time Employment	16669.80	16814.20	18488.00	11007.60	Thousand	[+]
Long Term Unemployment Rate	6.10	6.60	13.60	1.50	percent	[+]
Youth Unemployment Rate	32.70	34.10	55.90	17.20	percent	[+]
Productivity	109.80	111.70	112.80	85.70	Index Points	[+]
Labour Costs	98.40	102.40	105.70	66.70	Index Points	[+]
Job Vacancies	47.16	32.72	541.53	19.61	Thousand	[+]
Wages	1842.62	1951.81	2026.14	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	58.61	58.73	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	0.40	1.80	-2.30	percent	[+]
Employment Rate	64.00	64.01	67.18	54.91	percent	[+]

Spain Unemployment Change

Unemployment Change in Spain measures the change in the number of unemployed compared to the previous month. 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 - actual data, historical chart and calendar of releases - was last updated on February of 2019.