The number of people registered as unemployed in Spain declined by 84.1 thousand, or 2.66 percent, to 3.079 million in May 2019, the lowest level for a May month in the last ten years. It compares with market expectations of a 67 thousand fall. By sector, unemployment dropped in all the sectors: agriculture and fishery (-7.9 thousand), industry (-8.1 thousand), construction (-9 thousand) and services (-54.8 thousand). By regions, main declines were recorded in Andalucía (-18 thousand), Catalonia (-10.5 thousand) and Comunidad Valenciana (-8.7 thousand). Unemployment went down by 11.3 thousand for those under 25 years old and by 72.8 thousand for those aged more than 25. Unemployment Change in Spain averaged 4.18 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 -36.00 Thousand in 2020, according to our econometric models.

Spain Unemployment Change
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Calendar GMT Actual Previous Consensus TEForecast
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 -92K -34K -85K -72K
2019-06-04 07:00 AM Unemployment Change -84.1K -91.5K -67K -76K
2019-07-02 07:00 AM Unemployment Change -84.1K -89K
2019-08-02 07:00 AM Unemployment Change -27K
2019-09-03 07:00 AM Unemployment Change 51K


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 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 58.35 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 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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-84.10 -91.50 461.01 -129.30 1960 - 2019 Thousand Monthly
Volumes, NSA




Country Last Previous
Germany 60.00 May/19
Spain -84.10 May/19


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