Unemployment Change

The Unemployment Survey released by the Spanish Government shows the number of unemployed workers added during the previous month. It is a leading indicator for the Spanish economy. If the number is negative, it indicates an expansion within the labor market. An increase in the figure is seen as negative (or bearish) for the Euro, while an decrease is seen as positive (or bullish).

Next event - Monday 6 April 2026 07:00

Previous
3.584K
Forecast
10.3K
Actual
-

The typical/expected market impact of this event is low.

The consensus forecast for Unemployment Change is 10.3K. A higher value than forecast tends to be bullish for xxx/EUR pairs and bearish for EUR/xxx pairs.

Most recent - Tuesday 3 March 2026 08:00

Previous
30.392K
Forecast
37.5K
Actual
3.584K

Higher numbers than forecast tend to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.

Trading range

Forecast history

The most recent announced value for Unemployment Change was 3.584K against a forecast of 37.5K.

Past events

Date
Forecast
Actual
Tuesday 3 March 2026 08:00
37.5K
3.584K
Tuesday 3 February 2026 08:00
10.5K
30.392K
Monday 5 January 2026 08:00
-
-17K
Tuesday 2 December 2025 08:00
-12.4K
-18.805K
Tuesday 4 November 2025 08:00
5.2K
22.101K
Thursday 2 October 2025 07:00
15.4K
-4.846K
Tuesday 2 September 2025 07:00
14.2K
21.905K
Monday 4 August 2025 07:00
-21.3K
-1.357K
Wednesday 2 July 2025 07:00
-69.5K
-48.92K
Tuesday 3 June 2025 07:00
-68.5K
-57.835K
Tuesday 6 May 2025 07:00
6.5K
-67.42K
Wednesday 2 April 2025 07:00
-2.5K
-13.311K
Tuesday 4 March 2025 08:00
45.2K
-5.994K
Tuesday 4 February 2025 08:00
45.4K
38.725K
Friday 3 January 2025 08:00
-46.5K
-25.3K
Tuesday 3 December 2024 08:00
29.3K
-16.036K
Tuesday 5 November 2024 08:00
26.5K
26.769K
Wednesday 2 October 2024 07:00
25K
3.164K
Tuesday 3 September 2024 07:00
-
21.884K
Friday 2 August 2024 07:00
-17.4K
-10.83K
Tuesday 2 July 2024 07:00
-
-46.78K
Tuesday 4 June 2024 07:00
-55.4K
-58.65K
Monday 6 May 2024 07:00
-74.5K
-60.503K
Tuesday 2 April 2024 07:00
-
-33.405K
Monday 4 March 2024 08:00
-
-7.452K
Friday 2 February 2024 08:00
-
60.404K
Wednesday 3 January 2024 08:00
-
-27.375K
Monday 4 December 2023 08:00
-
-24.573K
Friday 3 November 2023 08:00
-
36.936K
Tuesday 3 October 2023 07:00
-
19.768K
Monday 4 September 2023 07:00
-
24.826K
Wednesday 2 August 2023 07:00
-38.2K
-10.968K
Tuesday 4 July 2023 07:00
-
-50.3K
Friday 2 June 2023 07:00
-61.638K
-49.3K
Thursday 4 May 2023 07:00
-23.056K
-73.89K

Economic context

Recent economic data has been broadly neutral for EUR. Other recent announcements which may affect the market's interpretation of the next Unemployment Change result:

PreviousLatest
Unemployment RateBearish change6.1%6.2%
HCOB Manufacturing PMIBullish change51.752.2
HCOB Manufacturing PMIBullish change50.651.3
HCOB Manufacturing PMIBearish change5048.7
Core Harmonized Index of Consumer Prices (MoM)(no change)0.8%0.8%
Core Harmonized Index of Consumer Prices (YoY)Bearish change2.4%2.3%
Harmonized Index of Consumer Prices (MoM)Bullish change0.6%1.2%
Harmonized Index of Consumer Prices (YoY)Bullish change1.9%2.5%
Consumer Price Index (EU Norm) (YoY)(no change)1.5%1.5%
Consumer Price Index (YoY)Bullish change1.5%1.7%
Unemployment ChangeBullish change1K0K
Unemployment Rate s.a.(no change)6.3%6.3%
Consumer Price Index (EU norm) (YoY)Bullish change1.1%1.9%
Retail Sales (MoM)Bullish change-1.1%-0.6%
Retail Sales (YoY)Bearish change1%0.7%
Consumer Price Index (MoM)Bullish change0.2%1.1%
Consumer Price Index (YoY)Bullish change1.9%2.7%
Harmonized Index of Consumer Prices (MoM)Bullish change0.4%1.2%
Harmonized Index of Consumer Prices (YoY)Bullish change2%2.8%
Business ClimateBullish change-0.36-0.27
Consumer Confidence(no change)-16.3-16.3
Economic Sentiment IndicatorBearish change98.296.6
Harmonized Index of Consumer Prices (YoY)Bullish change2.5%3.3%
Gross Domestic Product (QoQ)(no change)0.8%0.8%
GfK Consumer Confidence SurveyBearish change-24.8-28
IFO – Business ClimateBearish change88.486.4
IFO – Current Assessment(no change)86.786.7
IFO – ExpectationsBearish change90.286
HCOB Composite PMIBearish change51.950.5
HCOB Manufacturing PMIBullish change50.851.4
HCOB Services PMIBearish change51.950.1
HCOB Composite PMIBearish change53.251.9
HCOB Manufacturing PMIBullish change50.951.7
HCOB Services PMIBearish change53.551.2
HCOB Composite PMIBearish change49.948.3
HCOB Services PMIBearish change49.648.3
Consumer ConfidenceBearish change-12.2-16.3

About Unemployment Change

Country:Spain
Currency:EUR
Source:INE
Category:Labor Market
Frequency:Monthly
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