15th March 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

Spain to launch system tracking hate speech and polarisation on social media

News Desk

Morrissey cancels Valencia gig, blaming noisy Fallas festival and ‘indescribable hell’ of hotel

News Desk

Three children injured in chemistry experiment explosion at school in Catalonia

News Desk

Spain investigates deadly fire that killed three women in suspected gender violence attack

News Desk

Spain formally dismisses its ambassador to Israel, deepening diplomatic rift

News Desk

As fuel prices surge in Spain amid war in Iran, economy minister vows to ‘protect citizens, businesses and workers’

News Desk

Leave a Comment