The number of people registered as unemployed in Spain shrank by 129,378 from a month earlier to 3.78 million in May of 2021, the third consecutive month of declines in unemployment and the largest monthly decrease since the series began amid the gradual easing of Covid-19 restrictions and the upturn in tourist arrivals. By sector, unemployment went down the most in services (-93,327), followed by industry (-9,403), agriculture (-9,155), and construction (-8,149). By region, the biggest declines were reported in Andalucia (-28,561), Cataluña (-15,368) and Valencia (-12,385). source: Ministerio de Empleo y Seguridad Social
Unemployment Change in Spain averaged 5.18 Thousand from 1960 until 2021, reaching an all time high of 461 Thousand in January of 2001 and a record low of -129.30 Thousand in April of 2017. 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 - data, historical chart, forecasts and calendar of releases - was last updated on June of 2021.
Unemployment Change in Spain is expected to be 40.00 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 -27.00 in 12 months time. In the long-term, the Spain Unemployment Change is projected to trend around -20.00 Thousand in 2022 and -14.00 Thousand in 2023, according to our econometric models.