3 June 2025, 12:28 Spain: Jobless Falls Less than Anticipated.
The number of people registering as jobless in Spain declined by 57,835, or 2.3%, over a month to 2.455 million in May 2025, falling below the 2.5 million mark for the first time since July 2008. Analysts had expected a reduction of 68,500 people. Unemployment fell across all sectors in May, with services seeing the largest decrease (-42,930; -2.4%), followed by construction (-5,562; -3%), industry (-4,574; -2.4%), and agriculture (-2,259; -2.8%). The number of previously unemployed also declined by 2,510 (-1.1%). Meanwhile, unemployment among young people under 25 fell by 6,426 people (-3.6%) in May compared to the previous month, bringing the total to 171,003, the lowest figure ever recorded for this group. The total number of unemployed people has declined across all autonomous communities, with the largest decreases recorded in Andalusia (-13,239), the Community of Madrid (-7,923), and Catalonia (-6,198).
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