Spain’s unemployment rate fell to 9.87% in the second quarter of 2026, the lowest level since 2008, according to data from the National Statistics Institute. The labour force grew by 272,700 from the previous quarter and by 452,500 from a year earlier to a record 25.27 million people.
Job Creation
Seasonally adjusted employment rose by 122,000 in the quarter to a record 22.67 million, extending annual job creation above 500,000 for a sixth consecutive quarter. The jobs created were largely permanent and private-sector positions, with temporary employment accounting for 15% of salaried workers.
Higher-value sectors such as healthcare, education, professional services, and finance recorded some of the strongest annual gains. The Spanish Ministry of Economy noted that the strong job creation is a positive sign for the country’s economy.
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