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Spain’s Unemployment Falls To Lowest Since 2008 With Summer Job Boost

Unemployment in Spain dropped to 2.41 million in June, the lowest since 2008, as seasonal tourism hiring added 40,000 jobs.

Allwork.Space News TeambyAllwork.Space News Team
July 2, 2025
in News
Reading Time: 1 min read
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Spain’s Unemployment Falls To Lowest Since 2008 With Summer Job Boost

Workers do their job at a construction site in downtown Madrid, Spain, October 2, 2024. REUTERS/Susana Vera/File Photo

The number of people registered as unemployed in Spain fell in June to the lowest figure since May 2008, before the bursting of a real estate bubble led to a deep crisis in the country.

According to data from the Labour Ministry released on Wednesday, a total of 2.41 million people were registered as unemployed in June, down by 48,920 from the previous month.

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The number was not that low since 2.38 million jobless people in May 2008.

Unemployment traditionally falls in Spain during the summer when the hospitality industry hires thousands of workers to serve the millions of tourists who visit the country.

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Spain gained 40,399 net formal jobs in June, bringing the number of people with a formal job to 21.6 million, on a calendar-adjusted and excluding seasonality, a separate report from the Social Security Ministry showed.

(Reporting by Tiago Brandao, editing by Inti Landauro and Louise Heavens)

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Source: Reuters
Tags: europeWorkforce
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Allwork.Space News Team

Allwork.Space News Team

The Allwork.Space News Team is a collective of experienced journalists, editors, and industry analysts dedicated to covering the ever-evolving world of work. We’re committed to delivering trusted, independent reporting on the topics that matter most to professionals navigating today’s changing workplace — including remote work, flexible offices, coworking, workplace wellness, sustainability, commercial real estate, technology, and more.

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