16th January 2026
Barcelona NewsBusinessCatalonia NewsEconomy & EmploymentMadrid NewsMain News

Unemployment drops in Spain, yet still at 3.3m

Spain’s unemployment rate dropped in 2018 as the country’s services sector, which includes all-important tourism, generated more jobs, official figures showed Tuesday.

At the end of 2018, it stood at 14.45%, down from 16.5% at end-2017, the National Statistics Institute (INE) said.

That brings the number of jobless people in Spain to 3.3 million.

But even though unemployment has dropped since 2013 as Spain emerges from economic crisis, the country still has the eurozone’s second highest jobless rate after Greece.

Office scene
Office scene (Venveo / Unsplash)

Young people are especially hard-hit.

The growth in temporary jobs was also higher than that of permanent posts in 2018, INE said.

Spain’s services sector saw close to 430,000 jobs created in 2018, it added.

That includes tourism, which accounted for 11.8% of Spain’s GDP last year.

Spain saw another record year in terms of foreign visitor numbers in 2018, even if growth in sales slowed as sun-soaked competitors like Turkey, Egypt and Tunisia recovered.

ALSO READ: Spain’s tourism growth slows as rivals recover

Recent Posts

Spanish government approves draft law to crack down on AI deepfakes and image misuse

News Desk

Spain tourism hits new high in 2025: 97 million foreign visitors, spending €135bn

News Desk

Julio Iglesias faces sexual assault allegations from former live-in staff at Caribbean homes

News Desk

Endesa reports cyberattack affecting customer data, but says impact limited

News Desk

Five arrested in Costa del Sol gang that used wigs and masks to rob luxury homes

News Desk

Spanish police intercept Europe-bound vessel carrying 10 tonnes of cocaine in largest-ever maritime bust

News Desk

Leave a Comment