Spain jobless total falls below 2.3 million for first time since 2008

WorldBusiness & Finance
2 Jul 2026 • 9:21 PM MYT
DPA International
DPA International

DPA, founded in 1949, one of the world’s leading independent news agencies

Spain's unemployment fell below 2.3 million in June for the first time since early 2008, the Labour Ministry reported on Thursday.

The number of unemployed fell 28,739 from the previous month to reach 2.29 million in June. It had not fallen below 2.3 million since January 2008, the ministry said.

Economists had forecast a monthly decrease of 40,800 in June.

Unemployment declined across all economic sectors in June. The service sector reported the largest decrease with 28,498 fewer unemployed workers, while industry recorded a decrease of 2,829.

Construction and agriculture sectors experienced smaller reductions, declining by 1,326 and 384 unemployed workers respectively.

Further, data showed that unemployment among young people aged below 25 decreased 5,155 compared to May. Youth unemployment totalled 159,800, the lowest in the historical series.

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