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Spain Unemployment Rate Trend
Comparison of unemployment rates between Q4 2025 and Q1 2026
Primary Sources
Spain's Jobless Rate Increases the Most Since the Pandemic
April 28, 2026 at 7:30 AM UTCSpain’s unemployment rate saw the biggest quarterly increase since the pandemic, in a rare setback for the euro area’s best-performing major economy.Joblessness was 10.83% in the three months through March, the statistics office said Tuesday. That’s a 0.9 percentage point jump from the previous quarter. The last time the rate rose that much was in 2020 when the Covid crisis struck.
FX.co - Spain's Jobless Rate Rises Above 10% in Early 2026, Reversing ...
Spain’s unemployment rate climbed to 10.83% in the first quarter of 2026, up from 9.93% in the fourth quarter of 2025, according to the latest data updated on 28 April 2026. The increase pushes the jobless rate back above the 10% threshold, marking a pause in the recent trend of gradual improvement in Spain’s labour market.The first-quarter uptick suggests that Spain’s employment dynamics may be softening after ending 2025 with a sub-10% rate, a level seen as symbolically important for a country long associated with elevated unemployment. While the data do not provide details on sectoral or regional performance, the headline figure indicates that labour market conditions have become more challenging at the start of 2026.Investors and policymakers will be watching subsequent quarters closely to determine whether this rise is a temporary setback linked to seasonal or short-term factors, or the beginning of a more persistent slowdown in job creation. For now, the move from 9.93% to 10.83% underscores renewed pressure on Spain’s labour market as 2026 gets under way. *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
Spain’s unemployment in 2026: second highest in Europe
Spain records Europe’s second-highest unemployment rate in 2026. See how it compares with Finland, Sweden, Greece, France and Portugal in the latest data.
Unemployment marks its worst start to the year since 2013 | Demócrata
The increase in unemployment in the first three months of the year is the most intense in a first quarter since 2013, when the number of unemployed people grew by 257,200. At the same time, the decline in employment is the largest for this period since 2020, a year in which the outbreak of the pandemic ended 285,600 jobs.
