Spain Unemployment Change

The number of people registered as unemployed in Spain fell by 33.96 thousand from a month earlier, or 1.03 percent, to 3.255 million in March 2019 and compared with market expectations of a 33.3 thousand decline. By sector, unemployed dropped in industry (-4,000); construction (-4,555); and services (-32,401) but rose in agriculture (1,722). By regions, main decreases were recorded in Andalucía (-8,040), Comunidad Valenciana (-5,200) and Illes Balears (-3,364) while gains were seen in La Rioja (119). Unemployment went down by 1,661 for those below 25 years old and for those aged more than 25, jobless decreased by 32,295. Unemployment Change in Spain averaged 4.44 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 -88.60 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
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	3.3K	83.5K	5K	-8.6K
2019-04-02	07:00 AM	Unemployment Change	-34K	3.3K	-33.3K	-38.6K
2019-05-06	07:00 AM	Unemployment Change		-34K
2019-06-04	07:00 AM	Unemployment Change
2019-07-02	07:00 AM	Unemployment Change				-88.5K

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	3166.56	3179.25	4889.46	468.29	Thousand	[+]
Unemployment Change	-34.00	3.30	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	32.40	32.60	55.90	17.20	percent	[+]
Productivity	109.80	111.60	112.30	85.70	Index Points	[+]
Labour Costs	106.00	98.40	106.00	66.70	Index Points	[+]
Job Vacancies	55.39	54.51	541.53	19.61	Thousand	[+]
Wages	2039.01	1842.62	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	58.61	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 April of 2019.