unemployment in Spain

Tourism

Employment rises, unemployment falls due to Holy Week, but 141,000 jobs lost on March 31st

Boosted by the start of Holy Week (Semana Santa), hiring grew in March compared to both February and March 2025, when the holiday period took place later in April. Consequently, unemployment fell by 22,934 people in March, a decrease of 0.94%. However, this required the signing of 1,311,000 contracts. Of these, nearly 577,000 were permanent contracts (contratos indefinidos). If they were truly permanent—and not just in name only—unemployment would be…


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Number of unemployed in Spain rises 3,548 in February, compared to 30,392 in January and average of 6,700 over last six years

Bankinter | The number of unemployed people rose by 3,548 in February, from 30,392 in January. Unemployment stands at 2.44 million people (up 0.15% month-on-month and down 5.8% year-on-year). Social Security affiliates: 21.6 million (up 97,000 people, up 0.45% month-on-month and up 2.2% year-on-year). Seasonally adjusted Social Security enrolment stands at 21.9 million people (up 45,200 workers, 0.21% month-on-month). Analysis team’s view: The number of unemployed rose slightly in February,…


unemployment spain

Unemployment rises in February, now more people receive unemployment benefits than registered unemployed individuals in 10 provinces

Unemployment rose in February, and in 10 provinces there are now more people receiving unemployment benefits than there are registered unemployed individuals. Contrary to the previous two years, unemployment rose in February by 3,584 people. The performance across autonomous communities was uneven, with significant increases in regions like Aragon, Madrid, and Cantabria, and notable decreases in the Balearic Islands, Asturias, and the Basque Country. In the annual calculation, unemployment continues…


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Spanish Unemployment Drops Below Double Digits to 9.93%

According to the Labor Force Survey (EPA), released by the National Statistics Institute (INE), the number of employed persons in Spain increased by 76,200 in Q4 2025 compared to the previous quarter, reaching a total of 22,463,300 people. In seasonally adjusted terms, the quarterly variation rate for Q4 2025 was 0.90%, while employment grew by 605,400 people year-on-year. Simultaneously, during the quarter under review, unemployment fell by 136,100 people, totalling…


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Unemployment in Spain falls by 16,291 in December, leaving 2,408,670 jobless

Registered unemployment fell by 16,291 people in December, a 0.7% decrease compared to November. Meanwhile, Social Security affiliation rose by 19,180 workers—a moderate increase for a month that usually sees some of the year’s largest gains due to the Christmas season. With these figures, the total number of unemployed people stood at 2,408,670, while the number of contributors reached 21,844,414. The drop in unemployment in December was primarily driven by…


unemployment spain

Unemployment rate for over-55s, 9.8%, exceeds over-25s at 9.4%

The unemployment rate for people over 55 stood at 9.8% in 2025, 0.4 percentage points higher than the rate recorded for the over-25 age bracket. Historically, this age group has shown lower levels of unemployment than the rest of the workforce, according to the latest analysis by the BBVA Foundation and the Valencian Institute of Economic Research (Ivie) in their publication Esenciales, which tracks trends since 1980. However, this barrier…


unemployment spain

Spain: Unemployment Falls to 10%

Bankinter | The number of unemployed people fell by 18,805 in November, compared to a rise of 22,100 in October. Unemployment stands at 2.4 million people (down 0.8% month-on-month and 6.2% year-on-year). Seasonally adjusted Social Security affiliations total 21.84 million people (up 44.5 thousand workers, 0.2% month-on-month, 2.5% year-on-year), although the average number of SS Affiliates for the month declined by 14.4 thousand people (0.1% month-on-month). OPINION: The number of…


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Number of unemployed in Spain falls by 4,846 in September; unemployment at 2.42 million

Bankinter | The number of unemployed people fell by 4,846 in September, from +21,905 in August. Unemployment now stands at 2.42 million people (down 0.2% month-on-month and 5.97% year-on-year). Bankinter team’s view: The number of unemployed fell slightly in September, resuming the decline seen since February, with the only increase occurring in August. The unemployment rate according to the Active Population Survey (EPA) in Q2 2025 stood at 10.29%. Our…


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Spain, with 10.4%, still leads euro area, with 6.2%, in unemployment

The unemployment rate for the euro area dropped by one-tenth of a percentage point in July, to 6.2%, while the rate for the European Union also fell by one-tenth, settling at 5.9%. These figures, published by Eurostat, show Spain with the highest level of unemployment among the 27 member states, with a rate of 10.4% for the second consecutive month. Eurostat’s data indicates that 13 million people were unemployed in…


unemployment spain

“Effective unemployment has only decreased by 72,000 people since 2019” according to FEDEA

FEDEA, the Foundation for Applied Economics Studies, published a new document yesterday in which its director, Angel de la Fuente, points out that “The improvement recorded between 2019 and 2023 or 2024 is considerably smaller in the case of effective unemployment than in registered unemployment. Comparing December 2024 with December 2019, for example, registered unemployment has decreased by just over 600,000 people, while effective unemployment has only decreased by 72,000.”…