Unemployment Survey

The Unemployment Survey released by the National Institute of Statistics shows the number of unemployed workers divided by the total civilian labor force. It is a leading indicator for the Spanish economy. If the rate is up, it indicates a lack of expansion within the labor market. A decline in the figure is seen as positive (or bullish) for the Euro, while an increase is seen as negative (or bearish).

Next event - Monday 28 April 2025 07:00

Previous
10.61%
Forecast
-
Actual
-

The typical/expected market impact of this event is low.

There is no forecast value for Unemployment Survey yet - check back for updates.

Most recent - Tuesday 28 January 2025 08:00

Previous
11.21%
Revised
-
Forecast
11.1%
Actual
10.61%

Higher numbers than forecast tend to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.

Trading range

Forecast history

The most recent announced value for Unemployment Survey was 10.61% against a forecast of 11.1%.

Past events

Date
Forecast
Actual
Tuesday 28 January 2025 08:00
11.1%
10.61%
Friday 25 October 2024 07:00
11.2%
11.21%
Friday 26 July 2024 07:00
11.4%
11.27%
Friday 26 April 2024 07:00
11.7%
12.29%
Friday 26 January 2024 08:00
11.9%
11.76%
Thursday 26 October 2023 07:00
11.5%
11.84%
Thursday 27 July 2023 07:00
13%
11.6%
Thursday 27 April 2023 07:00
12.9%
13.26%
Thursday 26 January 2023 08:00
12.5%
12.87%
Thursday 27 October 2022 07:00
11.78%
12.67%
Thursday 28 July 2022 07:00
13%
12.48%

Economic context

Recent economic data has been moderately bearish for EUR. Other recent announcements which may affect the market's interpretation of the next Unemployment Survey result:

PreviousLatest
IFO – Business ClimateBullish change86.786.9
IFO – Current AssessmentBullish change85.786.4
IFO – ExpectationsBearish change87.787.4
10-y Bond AuctionBullish change2.68%2.47%
HCOB Composite PMIBearish change50.950.1
HCOB Manufacturing PMIBullish change48.648.7
HCOB Services PMIBearish change5149.7
HCOB Composite PMIBearish change51.349.7
HCOB Manufacturing PMIBearish change48.348
HCOB Services PMIBearish change50.948.8
HCOB Composite PMIBearish change4847.3
HCOB Manufacturing PMIBearish change48.548.2
HCOB Services PMIBearish change47.946.8
Consumer ConfidenceBearish change-14.5-16.7
Producer Price Index (MoM)Bearish change-0.2%-0.7%
Producer Price Index (YoY)Bearish change0.7%-0.2%
Core Harmonized Index of Consumer Prices (MoM)(no change)1%1%
Core Harmonized Index of Consumer Prices (YoY)(no change)2.4%2.4%
Harmonized Index of Consumer Prices (MoM)(no change)0.6%0.6%
Consumer Price Index (EU Norm) (YoY)(no change)2.1%2.1%
Consumer Price Index (YoY)Bearish change2%1.9%
ZEW Survey – Current SituationBullish change-87.6-81.2
ZEW Survey – Economic SentimentBearish change51.6-14
Industrial Production s.a. (MoM)Bullish change0.6%1.1%
ZEW Survey – Economic SentimentBearish change39.8-18.5
Consumer Price Index (EU norm) (YoY)(no change)0.9%0.9%

About Unemployment Survey

Country:Spain
Currency:EUR
Source:INE
Category:Labor Market
Frequency:Quarterly
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