In men, the unemployment rate stayed virtually the same, dropping only 0.1 percent from 13.7 to 13.6 in 2021. The highest unemployment rate was recorded in Spain (14.5%) and Greece (12.9%) Euro area unemployment at 8.1% - European Commission The figure came above market analysts' expectations of a 15.1% unemployment rate, and was marred by an increase in labor force. Structural unemployment in Spain - CaixaBank Research Uncertainty regarding the outlook is very high. Long-term unemployment rate Indicator: 32.1 Total % of unemployed 2020 Spain % of unemployed: Total % of unemployed 2001-2020 Spain (red), OECD - Total (black) Total % of unemployed Structural unemployment in Spain. Unemployment rate in Catalonia from Q1 2013 to Q2 2021; Unemployment rate in Spain 2016-2017; Unemployment rate for people over 50s in France 2018, by age; U.S. youth unemployment rate by state in . Report. Spain shed 622,600 jobs and unemployment reached 16.13% in 2020 . Investing.com - The unemployment rate in Spain fell more-than-expected last month, official data showed on . The highest rates are just over 15 per cent for Greece and Spain while the lowest are expected in Japan and Singapore at just under 3 per cent. Employment Rate in Spain averaged 45.37 percent from 1976 until 2021, reaching an all time high of 54.73 percent in the third quarter of 2007 and a record low of 38.36 percent in the second quarter of 1985. Spain has one of the highest unemployment rates compared to other OECD countries. Published by Statista Research Department , Jul 5, 2021. This represents an unemployment rate of 6.7%. Long Term Unemployment Rate in Spain averaged 7.11 percent from 1992 until 2021, reaching an all time high of 13.60 percent in the first quarter of 2014 and a record low of 1.50 percent in the third quarter of 2007. As of December 2017, the unemployment rate in Spain was 16.4 percent. Nov-2021 Spain Long-term average = 100: Household disposable income Indicator-1.17 Gross Per capita, percentage change, previous period . This page provides the latest reported value for - Spain Youth Unemployment Rate - plus . Long Term Unemployment Rate in Spain increased to 6.3 % in the first quarter of 2021. The figure surprised market analysts, whom had expected it to rise, but was due to a decline in labor force. Published by Teresa Romero , Oct 25, 2021. Youth unemployment In January 2021, 2.929 million young persons (under 25) were unemployed in the EU, of whom 2.356 million were in the euro area.In January 2021, the youth unemployment rate was 16.9% in the EU and 17.1% in the euro area, compared with 16.9% and 17.2% respectively in the previous month. In June 2019, there were 3,020,000 unemployed people in Spain, and a year later, after the first wave of Covid-19 had hit, the figure had risen to 3,860,000. This is lower than the long term average of 38.15%. The EU unemployment rate was 6.5% in November 2021, down from 6.7% in October 2021 and from 7.4% in November 2020. Marginal fall in OECD unemployment rate in March 2021, to 6.5%, 1.2 percentage points above its pre-pandemic level Download the entire news release (graphs and tables included, PDF) 10 May 2021 - The OECD area unemployment rate continued to decline slightly in March 2021, to 6.5% (from 6.6% in February 2021). The OECD are forecasting that the main drivers . In the EU-27 a total of 14.3 million citizens were without employment in October 2021. According to the source, the unemployment rate in the second quarter of 2021 in the autonomous community of Ceuta in Spain was 24.2 percent, a value that . In 2020, Spain experienced its biggest fall in history in GDP of 10.8%. October 29, 2021. This is lower than the long term average of 34.76%. Spain takes the prize for the highest unemployment rate of the European Union.With a rate of 14%, the unemployment rate in Spain in November 2021 was higher than that of Greece (13.4%) and much higher than that of Italy (9.2%). The jobless rate dipped from 16.1% in Q4 2020 to 16.0% in the first quarter of 2021, when a third wave of Covid-19 infections hit the country. Woodford County in central Kentucky had the state's lowest . Long Term Unemployment Rate in Spain decreased to 6.10 percent in the third quarter of 2021 from 6.60 percent in the second quarter of 2021. The coronavirus crisis delivered a serious blow to the Spanish job market in 2020. This amounted to approximately 4.6 million people. The unemployment rate in Spain was highest in the southern regions as of the third quarter of 2021. OECD monthly unemployment rate fell slightly to 6.0% in August 2021 . This statistic shows the unemployment rate in Spain from 1999 to 2020. These figures showed that the number of people . The figure surprised market analysts, whom had expected it to rise, and marked the first decline in three consecutive quarters of increase. The unemployment rate in the Spanish autonomous community of Castile and Leon reached 12.59 percent in the second quarter of 2021. Data published Quarterly by Eurostat. Introduction. This week, the OECD reduced its forecast growth in GDP for Spain, from 6.8% to 4.5% for 2021, and from 6.6% to 5.5% for 2022. Spain unemployment rate for 2020 was 15.67%, a 1.57% increase from 2019. Spain's unemployment rate fell to 14.57 percent in the third quarter of 2021 from 15.26 percent in the previous three-month period, amid the easing of COVID-19 restrictions but came above market expectations of 14.2 percent. Unemployment refers to the share of the labor force that is without work but available for and seeking employment. The jobless rate fell from 16.0% in Q1 to 15.3% in the second quarter, amid easing restrictions and an acceleration in the vaccination campaign. The unemployment rate in Greece decreased to 15.4% in May 2021, compared to 17.2% in the previous month and 16.9% in May 2020, according to the Eurostat data on unemployment. Around 90% of the available loan guarantees were utilised in March 2021. Published by Teresa Romero , Oct 25, 2021. Economy Latest Trend Ranking; Composite leading indicator (CLI) Indicator 101.16 Amplitude adjusted Long-term average = 100 Nov-2021 Spain Long-term average = 100 Household disposable income Indicator-1.17 Gross Per capita, percentage change, previous period The economy is not expected to return to pre-pandemic levels of GDP until the first quarter of 2023. A comparative look at the pre-pandemic situation shows the oxygenation of the labor market in Spain. The unemployment rate includes workers who currently do not work, although they can do so. Unemployment began rising in Francoist Spain during the 1970s. Huesca is followed by Gipuzkoa, Teruel, Palencia and Lugo, all with unemployment rates below 10% in the second quarter of 2021. Spain Female Youth Unemployment Rate is at 30.40%, compared to 30.60% last month and 42.50% last year. Spain Youth Unemployment Rate is at 30.30%, compared to 30.70% last month and 40.50% last year. Research expert covering historical data. Across all age groups, Spain registers 16.2% unemployment across all sectors, putting . Unemployment rate in Spain 2016-2017. The unemployment rate in Portugal is expected to rise by 3.2 percentage points in 2020 (6.5% in 2019 to 9.7% in 2020, and 7.4% in 2021). For 2021, the global unemployment rate is estimated to be between 6.3-6.5%, depending upon the source. Spain's unemployment rate fell to 14.57 percent in the third quarter of 2021 from 15.26 percent in the previous three-month period, amid the easing of COVID-19 restrictions but came above market expectations of 14.2 percent. As of the . Madrid - 02 Jun 2021-14:33 UTC. There has been an upward trend since the 1990s, and this trend has historic roots. Country Unemployment rate Argentina 8.2% Australia 4.6% Bangladesh 5.3% Belgium 6.3% Brazil 12.1% Canada 6% Chile 8.1% China 5% Egypt 7.5% France 8.1% Germany 5.3% Greece 13.3% India 6.9% Indonesia 6.4% Israel 4.5% Italy 9.4% Japan 2.8% Malaysia 4.3% Mexico 3.7% Netherlands 2.7% Nigeria Also, the unemployment rate remains above the 13.78% rate recorded in the fourth quarter of 2019 before the pandemic hit Spain. In the euro area, the unemployment rate for women decreased from 7.9 % in August 2021 to 7.7 % in September 2021 while the unemployment rate for men decreased from 7.2 % to 7.1 %. Spanish unemployment rate 18.60% vs. 18.70% forecast By Investing.com - Jan 26, 2017. The projections also suggest that the Portuguese GDP will fall by 6.8% in 2020 (below the EU average of -7.7%), but will recover in 2021 (expected growth of 5.8%). The Q2 2021 unemployment rate is 15.3% of labor force. The total number of effective weekly hours dropped by 10% on a quarterly basis but increased by 5% on an annual basis. The maximum rate was 13.6 % and minimum was 1.5 %. Youth Unemployment Rate in Spain decreased to 30.30 percent in October from 30.60 percent in September of 2021. The resident population in Spain decreased by 72,007 persons during the first half of 2021, standing at 47,326,687 inhabitants. The number of unemployed people decreased by 64,000, with the unemployment rate falling to 7.3% in October from 7.4% in September. Historical Data (%) by years. Data. The projections also suggest that the Portuguese GDP will fall by 6.8% in 2020 (below the EU average of -7.7%), but will recover in 2021 (expected growth of 5.8%). The euro area seasonally-adjusted unemployment rate was 7.3% and remained higher than the EU level. While the rate remains 0.7 percentage point above the pre-pandemic rate as at February 2020, this . During the period under consideration, the autonomous city of Ceuta registered Spain's highest . Youth Unemployment Rate in Spain decreased to 30.30 percent in October from 30.60 percent in September of 2021. Spain's unemployment rate posts record fall in 2021. Youth Unemployment Rate in Spain averaged 34.76 percent from 1986 until 2021, reaching an all time high of 56.20 percent in February of 2013 and a record low of 17.20 percent in February of 2007. In 2020, the unemployment rate in Spain . January 28, 2021. The unemployment rate is defined as the percentage of unemployed workers in the total labor force. Report. Labor market conditions in the common currency block improved in October. See more news. Spain: Unemployment rate falls less than expected in Q3. The Bureau of Labor Statistics (BLS) reported Friday 3 December, that the national unemployment rate fell from 4.8 to 4.2 percent in November.The economy added around 210,000 jobs during the month . The Spanish job market is steadily recovering from the economic fallout of the coronavirus crisis, according to data presented on Wednesday by the Labor and Social Security ministries. Declines were observed in almost every euro area country, the largest being in Spain, where it fell by 0.7 percentage point, to 14.3 %. However, female unemployment has proved harder to budge at 6.8% . This is the lowest unemployment rate since the second quarter of 2020, undoubtedly buoyed by Portugal's successful vaccination drive, the significant easing of restrictions, and the return of tourists. The Spanish economy's strong growth in over the past two years has acted as a boost for job creation. Spain Income Tax Tables in 2021: Income Tax Rates and Thresholds (Annual) There are regional variances within the income tax tables in Spain, the latest income tax table information we hold for each region is shown below, sourcing the latest income tax table information can be difficult so if you have different information, rates or thresholds for 2021 to that shown below, please contact us . Spain saw the largest annual unemployment reduction of over 20% in 2021 compared to 2020, the most significant drop since January 2007 EURACTIV's partner EFE reported. The jobless rate declined from 16.3% in Q3 2020 to 16.1% in the final quarter of 2020. The number of registered jobless in Spain posted a record drop in 2021 as the relaxation of pandemic restrictions boosted its key . Town: 2008 unemployed: 2021 unemployed % increase: Torrevieja: 7,188: 9,385: 30.5: Orihuela: 4,730: 5,954: 25.9: AlmoradÃ: 1,768: 2,319: 31.2: Guardamar : 809: 1,261 . The unemployment rate for men was 6.5 % in September 2021, down from 6.6 % in August 2021. This scenario worsened in February 2021, when the four-million barrier was broken . Again, the IMF estimates for 2021 reveal an average unemployment rate for the 35 IMF advanced economies at 6.2 per cent with Canada again above the average at 7.7 per cent. By. However, when compared with the third quarter of 2019, this . Population figures. The unemployment rate in Portugal is expected to rise by 3.2 percentage points in 2020 (6.5% in 2019 to 9.7% in 2020, and 7.4% in 2021). Download the entire news release (graphs and tables included, PDF) 13 Oct. 2021 - The OECD area monthly unemployment rate fell for the fourth consecutive month, albeit slightly, in August 2021, to 6.0% (from 6.1% in July). 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