Financial News: Spain Unemployment Declines Less Than Forecast

Spain Unemployment Declines Less Than Forecast

06/02/2026 - 03:29:00 (RTTNews)

(RTTNews) - Spain's unemployment declined less than forecast in May, data from the labor ministry showed Tuesday.

The number of unemployed persons decreased 36,323 to 2.32 million in May. Economists had forecast a sharp decline of 56,800. Compared to last year, unemployment fell 134,162.

Unemployment decreased in all economic sectors in May. In services, unemployment fell by 29,829 and that in industry dropped by 2,665. Unemployment in construction and agriculture fell by 2,304 and 1,628, respectively, from the last month.

Unemployment among people aged below 25 decreased by 4,738 from the last month to 164,955. For the first time in a May, unemployment among young people under 25 fell below 165,000, the ministry said.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

UK Private Sector Activity Returns To Growth In July (01 hr(s), 05 min(s), 46 sec(s) ago)
(RTTNews) - The UK private sector expanded for the first time in three months in July amid a sligh ...Full Story»

Eurozone Private Sector Expands For First Time In 4 Months (01 hr(s), 09 min(s), 46 sec(s) ago)
(RTTNews) - Eurozone private sector expanded for the first time in four months in July on renewed ...Full Story»

German Private Sector Returns To Expansion Territory (02 hr(s), 08 min(s), 46 sec(s) ago)
(RTTNews) - Germany's private sector returned to expansion territory in July for the first tim ...Full Story»

French Private Sector Contracts Marginally (03 hr(s), 12 min(s), 46 sec(s) ago)
(RTTNews) - France's private sector contracted only marginally in July as the services economy ...Full Story»

Energy Prices Ease Spain's Producer Inflation In June (03 hr(s), 46 min(s), 46 sec(s) ago)
(RTTNews) - Spain's producer price inflation moderated in June after hitting the highest since ...Full Story»

German Consumer Sentiment To Fall In August (03 hr(s), 53 min(s), 46 sec(s) ago)
(RTTNews) - German consumer confidence is set to weaken in August due to lower income expectations ...Full Story»

Czech Economic Sentiment Edges Higher In July (04 hr(s), 11 min(s), 46 sec(s) ago)
(RTTNews) - The Czech economy's confidence remained slightly more positive in July, while cons ...Full Story»

Hungary Jobless Rate Rises To 4.5% (05 hr(s), 11 min(s), 46 sec(s) ago)
(RTTNews) - Hungary's unemployment rate increased in the April to June period, data from the H ...Full Story»