Particle.news
Download on the App Store

Spain Sets Employment Record as Jobless Rate Ticks Up in Q3

An expanding labor force outpaced hiring, lifting the unemployment rate.

Overview

  • Employment reached 22,387,100 after a quarterly gain of 118,400, while unemployment rose by 60,100 to 2,613,200 for a 10.45% rate, according to the INE’s EPA.
  • The active population grew by 178,500 to just over 25 million, producing simultaneous increases in jobs and jobseekers.
  • Quarterly job creation was the weakest third‑quarter rise since 2019, even as Spain added 564,100 employed year on year and 74,800 more permanent salaried workers.
  • Regional results diverged sharply: Andalucía led with 65,500 new jobs as Madrid lost 60,700, with further strains evident in Murcia (+12,500 unemployed) and the Canary Islands (+15,100).
  • The rise in unemployment fell unevenly across genders, with male joblessness down by 22,600 and female unemployment up by 82,700, lifting the female rate to 12.11% versus 8.97% for men.