Number of unemployed in Spain increases by 60,404 people in January

unemployment spain

Bankinter: The number of unemployed increased in January by 60,404 people, after falling in the last two months of last year (by 24,570 Nov-23 and 27,375 in Dec-23). The total number of unemployed stands at 2.77m people (up 2.2% month-on-month; down 4.8% year-on-year) and seasonally adjusted Social Security enrolment stands at 20.88m people (up 38.5 thousand in the month).

Assessment: Employment figures increase in January, slightly above the average of the last 10 years (around +52.4 thousand).

Captura de Pantalla 2024 02 02 a las 11.27.25

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The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.