LOGO
LOGO

Spain Q2 Unemployment Rate Rises Slightly To 20.1%

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Spain's labor market woes show no signs of abating, after official data showed that the country's unemployment rate continue to rise in the June quarter, albeit only slightly.

Statistical office INE on Friday said the unemployment rate edged up to 20.09% from 20.05% in the March quarter. The number of unemployed increased by 32,800 during the quarter to total 4.65 million. At the same time, the number of employed increased by 82,700.

The unemployment rate among residents was slightly lower than the headline rate at 18.2%, while that of non-residents was 30.2%. The biggest increase in unemployment was registered in the agriculture sector.

Andalusia, Valencia, the Canary Islands and Madrid recorded the highest increase in unemployed between April and June. On the other hand, unemployment fell in Murcia, Aragon and the Balearic Islands.

The Basque Country, at 10.4%, had the lowest unemployment rate of all the autonomous regions. The Canary Islands, at nearly 30%, had the highest.

For comments and feedback contact: editorial@rttnews.com

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

Latest Updates on COVID-19