• Spanish unemployment rate declined in Q4 2016

Market news

26 January 2017

Spanish unemployment rate declined in Q4 2016

The number of employed is reduced by 19,400 people in the fourth quarter of 2016 Compared to the previous quarter (-0.10%) and stands at 18,508,100. In terms Seasonally adjusted, the quarterly variation is 0.41%. Employment has grown in 413,900 people in the last 12 months.

The annual rate is 2.29%. The decline in employment is concentrated this quarter in the public sector (17,800 Employed), while employment in the private sector declined by 1,600. In the last 12 months employment has increased by 428,500 people in the sector Private and has been reduced by 14,600 in the public.

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