Spain’s unemployment fee fell to its lowest stage in 18 years within the fourth quarter of 2025, in accordance with information printed yesterday by INE. Showing indicators of stabilization in one in all Europe’s weakest labor markets.
The unemployment fee, which dropped to 9.93%, is the bottom for the reason that 2008 disaster – which hit Spain very onerous (bringing the unemployed to virtually 27%) – however stays among the many highest within the EU. Youth unemployment, additionally at its lowest stage for the reason that disaster, nonetheless stays at 23%. However, sturdy financial development and the 2021 labor reform, which limits using fixed-term contracts, are charting a path in the direction of constantly greater employment charges. Today there are virtually 22.5 million folks employed in Spain and in 2025 the Spanish economic system created the most important variety of jobs within the Eurozone: 605,400 in complete (92% within the personal sector).
The opening to immigrants, determined by the federal government of the socialist Pedro Sanchez, in distinction to a lot of Europe, was a figuring out think about filling the demand for work in sectors akin to catering, development, motels and private care. Sanchez is negotiating with left-wing allies to grant visas to a different 500,000 migrant employees who’ve been in Spain for a minimum of 5 months and haven’t any legal information.
“Immigration distinguishes us from other countries,” stated Raymond Torres of the left-wing assume tank Funcas. “It has supported growth in sectors such as hospitality and care, which would otherwise have faced labor shortages.”
The optimistic jobs information underlines the energy of the euro zone’s fourth-largest economic system and will additionally divert consideration from current lethal prepare accidents and controversies over high-speed rail traces which have put stress on Sanchez.
https://www.ilsole24ore.com/art/spagna-disoccupazione-minimi-grande-crisi-2008-AIqHbe5