Spain Unemployment Change

Info

History

Chart

Impact:

Medium

Latest Release:

Big Surprise:

EUR-73.9K

EUR

Actual:

-67.4K

Forecast: 6.5K

Previous/Revision:

-13.3K

Period: May 2025

Next Release:

Forecast: -70K

Period: Jun 2025

What Does It Measure?

The Spain Unemployment Change measures the variation in the number of unemployed individuals in Spain over a specified period, primarily focusing on the labor market's health and employment dynamics. Key indicators include the total number of registered unemployed and the unemployment rate, assessing both the current economic conditions and trends in job availability.

Frequency

This report is released monthly, typically in the first week of the following month, providing a preliminary estimate of unemployment changes.

Why Do Traders Care?

Traders monitor the Spain Unemployment Change closely as it serves as a crucial indicator of economic performance; higher unemployment rates could signal weaker economic growth, negatively impacting currencies like the Euro (EUR) and stock markets. Conversely, lower unemployment or better-than-expected figures are usually interpreted positively, driving bullish investor sentiment and influencing market forecasts.

What Is It Derived From?

The unemployment change is derived from data collected by Spain’s Ministry of Labor and Social Economy, based on the number of individuals registered as unemployed in official labor offices. The calculation considers various demographic factors and is influenced by broader economic conditions, making it a reliable indicator within labor economics.

Description

The report distinguishes between preliminary data—reflecting initial estimates based on early reporting—and final figures, which are more refined and subject to verification. Traders often respond more emphatically to preliminary reports due to their timeliness; however, the final report may lead to adjustments in market predictions as it clarifies the initial data presented.

Additional Notes

The Spain Unemployment Change is often considered a lagging economic indicator, reflecting trends after they have occurred and serving as a confirmation of economic cycles. Aligning with broader economic trends, shifts in this data can reflect changes in consumer confidence and economic recovery efforts across Spain and similar European economies.

Bullish or Bearish for Currency and Stocks

Higher than expected: Bearish for EUR, Bearish for Stocks. Lower than expected: Bullish for EUR, Bullish for Stocks.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number	Better than forecast for the currency (or previous revise better)
Red Number	Worse than forecast for the currency (or previous revise better)
Hawkish	Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish	Favors lower rates to boost growth, weakening the currency but lifting stocks.

Date	Actual	Forecast	Previous	Surprise
May 06, 2025	-67.4K	6.5K	-13.3K	-73.9K
Apr 02, 2025	-13.3K	-2.5K	-6K	-10.8K
Mar 04, 2025	-6K	45.2K	38.7K	-51.2K
Feb 04, 2025	38.7K	45.4K	-25.3K	-6.7K
Jan 03, 2025	-25.3K	-46.5K	-16K	21.2K
Dec 03, 2024	-16K	29.3K	26.8K	-45.3K
Nov 05, 2024	26.8K	26.5K	3.2K	0.3K
Oct 02, 2024	3.2K	25K	21.9K	-21.8K
Sep 03, 2024	21.9K	34.3K	-10.8K	-12.4K
Aug 02, 2024	-10.8K	-17.4K	-46.8K	6.6K
Jul 02, 2024	-46.78K	-50.9K	-58.7K	4.12K
Jun 04, 2024	-58.7K	-55.4K	-60.5K	-3.3K
May 06, 2024	-60.5K	-74.5K	-33.4K	14K
Apr 02, 2024	-33.4K	10K	-7.452K	-43.4K
Mar 04, 2024	-7.452K	-5K	60.4K	-2.452K
Feb 02, 2024	60.4K	40K	-27.4K	20.4K
Jan 03, 2024	-27.4K	-15.7K	-24.6K	-11.7K
Dec 04, 2023	-24.6K	-5K	36.9K	-19.6K
Nov 03, 2023	36.9K	35K	19.8K	1.9K
Oct 03, 2023	19.8K	-12.2K	24.8K	32K
Sep 04, 2023	24.8K	-21.3K	-11K	46.1K
Aug 02, 2023	-11K	-38.2K	-50.3K	27.2K
Jul 04, 2023	-50.3K	-63.5K	-49.3K	13.2K
Jun 02, 2023	-49.3K	-40.1K	-73.9K	-9.2K
May 04, 2023	-73.9K	-23.1K	-48.8K	-50.8K
Apr 04, 2023	-48.8K	25K	2.6K	-73.8K
Mar 02, 2023	2.6K	11.5K	70.7K	-8.9K
Feb 02, 2023	70.74K	5K	-43.727K	65.74K
Jan 03, 2023	-43.727K	-20K	-33.512K	-23.727K
Dec 02, 2022	-33.512K	17K	-27.027K	-50.512K
Nov 03, 2022	-27.027K	42K	17.679K	-69.027K
Oct 04, 2022	17.679K	31K	40.428K	-13.321K
Sep 02, 2022	40.428K	5K	3.23K	35.428K
Aug 02, 2022	3.23K	-30K	-42.409K	33.23K
Jul 04, 2022	-42.409K	-23K	-99.5K	-19.409K
Jun 02, 2022	-99.5K	-14K	-86.3K	-85.5K
May 04, 2022	-86.3K	7K	-2.9K	-93.3K
Apr 04, 2022	-2.9K	-9K	-11.4K	6.1K
Mar 02, 2022	-11.4K	-44.5K	17.2K	33.1K
Feb 02, 2022	17.2K	-50.7K	-76.8K	67.9K
Jan 04, 2022	-76.8K	-52K	-74.4K	-24.8K
Dec 02, 2021	-74.4K	12K	-0.7K	-86.4K
Nov 03, 2021	-0.7K	-56K	-76.1K	55.3K
Oct 04, 2021	-76.1K	-62K	-82.6K	-14.1K
Sep 02, 2021	-82.6K	-140K	-197.8K	57.4K
Aug 03, 2021	-197.8K	-130K	-166.9K	-67.8K
Jul 02, 2021	-166.9K	-70K	-129.4K	-96.9K
Jun 02, 2021	-129.4K	-54K	-39K	-75.4K
May 05, 2021	-39K	-66K	-59.1K	27K
Apr 06, 2021	-59.1K	12K	44.4K	-71.1K
Mar 02, 2021	44.4K	45K	76.2K	-0.6K
Feb 02, 2021	76.2K	120K	36.8K	-43.8K
Jan 05, 2021	36.8K	15K	25.3K	21.8K
Dec 02, 2020	25.3K	25K	49.6K	0.3K
Nov 04, 2020	49.6K	65K	-26.3K	-15.4K
Oct 02, 2020	-26.3K	44K	29.8K	-70.3K
Sep 02, 2020	29.8K	59K	-89.8K	-29.2K
Aug 04, 2020	-89.8K	-3K	5.1K	-86.8K
Jul 02, 2020	5.1K	72K	26.6K	-66.9K
Jun 02, 2020	26.6K	90K	282.9K	-63.4K
May 05, 2020	282.9K	250K	302.3K	32.9K
Apr 02, 2020	302.3K	45K	-7.8K	257.3K
Mar 03, 2020	-7.8K	2K	90.2K	-9.8K
Feb 04, 2020	90.2K	44.2K	-34.6K	46K
Jan 03, 2020	-34.6K	-45.5K	20.5K	10.9K
Dec 03, 2019	20.5K	-4K	97.95K	24.5K
Nov 05, 2019	97.95K	62K	13.9K	35.95K
Oct 02, 2019	13.9K	32K	54.4K	-18.1K
Sep 03, 2019	54.4K	51K	-4.3K	3.4K
Aug 02, 2019	-4.3K	-21.4K	-63.8K	17.1K
Jul 02, 2019	-63.8K	-90K	-84.1K	26.2K
Jun 04, 2019	-84.1K	-67K	-91.5K	-17.1K
May 06, 2019	-92K	-85K	-34K	-7K
Apr 02, 2019	-34K	-33.3K	3.3K	-0.7K
Mar 04, 2019	3.3K	5K	83.5K	-1.7K
Feb 04, 2019	83.5K	60.3K	-50.6K	23.2K
Jan 03, 2019	-50.6K	-50.7K	-1.84K	0.1K
Dec 04, 2018	-1.84K	34.2K	52.19K	-36.04K
Nov 05, 2018	52.19K	49.1K	20.4K	3.09K
Oct 02, 2018	20.4K	28.2K	47K	-7.8K
Sep 04, 2018	47K	42.4K	-27.1K	4.6K
Aug 02, 2018	-27.1K	-87.6K	-90K	60.5K
Jul 03, 2018	-90K	-101K	-83.7K	11K
Jun 04, 2018	-83.7K	-105.7K	-86.7K	22K
May 04, 2018	-86.7K	-100.2K	-47.7K	13.5K
Apr 03, 2018	-47.7K	-47.5K	-6.28K	-0.2K
Mar 02, 2018	-6.28K	-7.2K	63.7K	0.92K
Feb 02, 2018	63.7K	50.3K	-61.5K	13.4K
Jan 03, 2018	-61.5K	-58.7K	7.3K	-2.8K
Dec 04, 2017	7.3K	54.3K	56.8K	-47K
Nov 03, 2017	56.8K	32.6K	27.9K	24.2K
Oct 03, 2017	27.9K	21.3K	46.4K	6.6K
Sep 04, 2017	46.4K	15.1K	-26.9K	31.3K
Aug 02, 2017	-26.9K	-66.5K	-98.32K	39.6K
Jul 04, 2017	-98.32K	-120.3K	-111.9K	21.98K
Jun 02, 2017	-111.9K	-110.2K	-129.3K	-1.7K
May 04, 2017	-129.3K	21.3K	-48.56K	-150.6K
Apr 04, 2017	-48.56K	-41.2K	-9.36K	-7.36K
Mar 02, 2017	-9.36K	5.2K	57.26K	-14.56K
Feb 02, 2017	57.26K	60.2K	-86.85K	-2.94K
Jan 04, 2017	-86.85K	-44.2K	24.84K	-42.65K
Dec 02, 2016	24.84K	-25.8K	44.68K	50.64K
Nov 03, 2016	44.68K	77.3K	22.8K	-32.62K
Oct 04, 2016	22.8K	23.5K	14.4K	-0.7K
Sep 02, 2016	14.4K	15K	-84K	-0.6K
Aug 02, 2016	-84K	-71.8K	-124.3K	-12.2K
Jul 04, 2016	-124.3K	-74.3K	-119.8K	-50K
Jun 02, 2016	-119.8K	-110K	-83.6K	-9.8K
May 04, 2016	-83.6K	-86.6K	-58.2K	3K
Apr 04, 2016	-58.2K	21.3K	2.23K	-79.5K
Mar 02, 2016	2.23K	-2.5K	57.2K	4.73K
Feb 02, 2016	57.2K	71.2K	-55.8K	-14K
Jan 05, 2016	-55.8K		-27.1K
Dec 02, 2015	-27.1K	41.8K	82.3K	-68.9K
Nov 03, 2015	82.3K	70.3K	26.1K	12K
Oct 02, 2015	26.1K	17.9K	21.7K	8.2K
Sep 02, 2015	21.7K	35.5K	-74K	-13.8K
Aug 04, 2015	-74K	-75.1K	-94.7K	1.1K
Jul 02, 2015	-94.7K	58.2K	-118K	-152.9K
Jun 02, 2015	-118K	-22.5K	-118.9K	-95.5K
May 05, 2015	-118.9K	23.9K	-60.2K	-142.8K