Spain's unemployment rate in the first quarter

Spanish National Statistics Institute announced the Spain's unemployment rate in the first quarter on 2025-04-28. The reported figure stands at 11.36%, with the prior figure recorded as 10.61%.

Regarding the Spain's unemployment rate in the first quarter, Published value > Expected value = Bearish for Euro, The unemployment rate refers to the proportion of unemployed people within the labor force over a certain period (the number of laborers who are willing to work but are still unemployed among all employed people during that period). It aims to measure idle labor capacity and is a key indicator reflecting the unemployment situation in a country or region. The unemployment rate is one of the most important economic indicators and is greatly influenced by the supply and demand in the labor market as well as economic cycles. The level of unemployment reflects the state of economic operation. Although considered a lagging indicator, the number of unemployed people is an important signal for assessing the overall health of the economy, as consumer spending is highly correlated with labor market conditions.

This data holds an importance level of , calculated using The unemployment rate tracks the percentage of unemployed people among the labor force (total number of employed and unemployed). These figures typically come from a household labor survey, and updates quarter.

This content is AI-generated.Please verify before use.

Disclaimer: The Crypto Calendar is for informational purposes only and doesn’t reflect Gate.com’s views or serve as financial advice.