FX.co ★ Spain Jobless Falls Less Than Expected

In June 2025, Spain witnessed a reduction in jobless registrations, dropping by 48,920, or 2%, bringing the total to 2.406 million—the lowest level since June 2008. This decline fell short of analyst predictions, which anticipated a decrease of 69,500 individuals. Unemployment rates fell across all sectors, with the services sector experiencing the most significant reduction of 38,253 individuals, or 2.2%. The industry sector followed with a decrease of 4,589 (2.4%), the construction sector by 3,029 (1.7%), and the agriculture sector by 218 (0.3%). The count of previously unemployed individuals also decreased by 2,831, marking a 1.2% drop. Furthermore, unemployment among the under-25 age group dropped by 4,296 individuals, a decline of 2.5% from the previous month, reaching a record low of 166,707. Unemployment fell across all autonomous communities, with the most notable declines in Andalusia (6,974), the Community of Madrid (6,571), and Castilla y León (4,840).