The number of unemployed in Spain increased 1.5% month-on-month in August to 3.97 million, data from the Labor Ministry showed Thursday.
Compared to July, the number of unemployed persons increased by 61,083. Unemployment recorded an increase of 340,581 persons or 9.3% from August last year.
Unemployment in services rose 1.7% month-on-month and in construction, unemployment was 1.8% higher than in July. In industry, the number of unemployed increased 1.9% on a monthly basis.
Unemployment among males climbed 1.8% from the previous month and among females, unemployment was 1.3% higher than in July. Year-on-year, male unemployment was up 8.4% and female unemployment increased 10.3%.
Spain has the highest unemployment rate in the euro area, at 20.09% in the second quarter. The Euro area jobless rate was 10% in July, the largest since August 1998.
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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.