Significant Drop in Unemployment

Spain's unemployment rate has seen a notable decrease to 10.29% in the second quarter of 2025, down from 11.36% in the first quarter, as reported by the National Statistics Institute. This marks a positive shift in the country's economic landscape.

Year-over-Year and Quarterly Comparisons

With a total of 2,553,100 people unemployed, the figures show a 2.18% decline year-over-year and an 8.47% drop quarter-on-quarter. This downward trend is a hopeful sign for the Spanish economy.

Rise in Employment Numbers

On the brighter side, the workforce expanded to 22,268,700 in Q2, showcasing a 2.31% increase from the previous quarter. This growth underscores the resilience and potential of Spain's labor market.