The number of people registering as jobless in Spain fell by 10,830, or 0.4%, over a month, bringing the total to 2.55 million in July 2024 with this drop for the sixth consecutive month. Analysts had predicted a 17,400 decline. Unemployment has decreased or remained practically unchanged in all sectors compared to June. In the services sector, unemployment fell by 6,591 individuals (-0.4%), while in agriculture, it saw a reduction of 1,534 individuals (-1.7%). The industry sector experienced a decline of 289 unemployed persons (-0.1%), but the construction sector saw an increase of 508 unemployed individuals (+0.3%). Additionally, the number of unemployed in the group without previous employment fell by 2,924 individuals (-1.2%). Unemployment among young people under 25 years of age fell by 210 people (-0.1%) in July compared to the prior month. Meanwhile, a separate report from the Social Security Ministry showed that Spain added 1,335 net formal jobs in June to 21.2 million jobs. source: Ministerio de Empleo y Seguridad Social

Unemployment Change in Spain increased to -10.80 Thousand in July from -46.80 Thousand in June of 2024. Unemployment Change in Spain averaged 3.16 Thousand from 1960 until 2024, reaching an all time high of 461.00 Thousand in January of 2001 and a record low of -197.84 Thousand in July of 2021. 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 August of 2024.

Unemployment Change in Spain increased to -10.80 Thousand in July from -46.80 Thousand in June of 2024. Unemployment Change in Spain is expected to be 10.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Unemployment Change is projected to trend around -28.00 Thousand in 2025 and -34.00 Thousand in 2026, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2024-07-02 07:00 AM
Unemployment Change
Jun -46.78K -58.7K -50.9K -65.0K
2024-08-02 07:00 AM
Unemployment Change
Jul -10.8K -46.8K -17.4K -43.0K
2024-09-03 07:00 AM
Unemployment Change
Aug -10.8K 18.0K


Related Last Previous Unit Reference
Retirement Age Men 66.50 66.33 Years Dec 2024
Retirement Age Women 66.50 66.33 Years Dec 2024
Unemployed Persons 2561.07 2607.85 Thousand Jun 2024
Unemployment Change -10.80 -46.80 Thousand Jul 2024

Spain Unemployment Change
Unemployment Change in Spain measures the change in the number of unemployed compared to the previous month.
Actual Previous Highest Lowest Dates Unit Frequency
-10.80 -46.80 461.00 -197.84 1960 - 2024 Thousand Monthly
Volumes, NSA


News Stream
Spain Jobless Falls Less than Expected
The number of people registering as jobless in Spain fell by 10,830, or 0.4%, over a month, bringing the total to 2.55 million in July 2024 with this drop for the sixth consecutive month. Analysts had predicted a 17,400 decline. Unemployment has decreased or remained practically unchanged in all sectors compared to June. In the services sector, unemployment fell by 6,591 individuals (-0.4%), while in agriculture, it saw a reduction of 1,534 individuals (-1.7%). The industry sector experienced a decline of 289 unemployed persons (-0.1%), but the construction sector saw an increase of 508 unemployed individuals (+0.3%). Additionally, the number of unemployed in the group without previous employment fell by 2,924 individuals (-1.2%). Unemployment among young people under 25 years of age fell by 210 people (-0.1%) in July compared to the prior month. Meanwhile, a separate report from the Social Security Ministry showed that Spain added 1,335 net formal jobs in June to 21.2 million jobs.
2024-08-02
Spain Jobless Falls Less than Anticipated
The number of people registering as jobless in Spain decreased by 46,783, or 1.8%, over a month in June 2024, bringing the total to 2.56 million, the lowest figure for that month since 2008 and the lowest for any month since August 2008. This decline fell short of market forecasts, which predicted a drop of 50,900. Unemployment fell across all surveyed sectors, led by services (-37,025 people), followed by industry (-4,388), construction (-2,954), and agriculture (-267). Among the group of those without previous employment, it has decreased by 2,149 people. Unemployment among young people under 25 years of age fell by 3,939 people, or 2.2%, in June compared to the previous month. Across different regions, Andalusia (-8,746 people), Catalonia (-5,816) and the Valencian Community (-4,929) saw the most significant decreases. Meanwhile, a separate report from the Social Security Ministry showed that Spain added 71,095 net formal jobs in June to 21.4 million jobs.
2024-07-02
Spain Jobless Falls More than Expected
The number of people registering as jobless in Spain declined by 58,650 people, or 2.2%, bringing the total to 2.61 million in May 2024, the lowest figure for that month since 2008. It compares with market forecasts of a 55,400 drop. Compared to April, registered unemployment decreased across various economic sectors: services (-4,467 people) construction (-3,867), industry (-3,715), and agriculture (-2,249). Additionally, unemployment among those with no previous employment fell by 4,352 people. Meanwhile, a separate report from the Social Security Ministry showed that Spain added 62,505 net formal jobs in May, bringing the total to 21.1 million jobs. Also, unemployment of people under 25 yers old fell 4.8% in May from the previous month, by 9,007 people to 179,075 people.
2024-06-04