Financial News: Spain Unemployment Increases Sharply

Spain Unemployment Increases Sharply

09/02/2026 - 05:33:00 (RTTNews)

(RTTNews) - Spain unemployment increased sharply in August but the overall level remained the lowest for the month of August since 2007, the labor ministry said Wednesday.

The number of people out of work increased 44,419 from the previous month in August, which was well above the forecast of 15,400.

However, unemployment totaled 2.355 million, the lowest for the month of August since 2007.

Compared to last year, unemployment decreased by 70,593.

By economic sector, registered unemployment fell by 912 in agriculture. Meanwhile, it increased in the services sector by 28,563 and by 4,669 in construction. Unemployment rose 3,731 in industry.

Data showed that unemployment among young people under 25 increased by 8,168 compared to the previous month. Nonetheless, unemployment remained below the 170,000 mark.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Consumer Sentiment Deteriorates Much More Than Expected In September (01 min(s), 36 sec(s) ago)
(RTTNews) - A report released by the University of Michigan on Friday showed consumer sentiment in ...Full Story»

U.S. Consumer Price Growth Matches Estimates, Core Prices Rise Slightly More Than Expected (12 min(s), 36 sec(s) ago)
(RTTNews) - A closely watched report released by the Labor Department on Friday showed consumer pr ...Full Story»

Russia Keeps Key Interest Rate Unchanged (47 min(s), 36 sec(s) ago)
(RTTNews) - The Bank of Russia retained its interest rate after series of rate reductions, as Ukra ...Full Story»

Brazil Inflation Eases To 5-month Low (34 min(s), 36 sec(s) ago)
(RTTNews) - Brazil's consumer price inflation moderated further in August to the lowest level ...Full Story»

U.S. Consumer Prices Increase In Line With Estimates In August (22 min(s), 36 sec(s) ago)
(RTTNews) - A closely watched report released by the Labor Department on Friday showed consumer pr ...Full Story»

U.S. Consumer Prices Increase In Line With Estimates In August (10 min(s), 36 sec(s) ago)
(RTTNews) - A closely watched report released by the Labor Department on Friday showed consumer pr ...Full Story»

Malaysia Unemployment Rate Remains Stable At 3.0% (26 min(s), 36 sec(s) ago)
(RTTNews) - Malaysia's unemployment rate held steady for the third straight month in July, dat ...Full Story»

Turkey Retail Sales Growth Eases To 16-month Low (08 min(s), 36 sec(s) ago)
(RTTNews) - Turkey's retail sales expanded at the weakest pace in nearly one-and-a-half years, ...Full Story»