Spain unemployment rate

Spain’s unemployment rate increased to 12.29 by 4.0% on June 2024 from 11.8 in the previous month. On a year on year basis Spain’s unemployment rate decreased by -19.0%. Spain’s unemployment rate trend is down since the current value of 12.29 is lower than the 12 month moving average of 12.68. and the 12 month moving average slope is down.Spain’s unemployment rate 1-year percentile is currently at 8.0 5-year percentile is currently at 38.0%. MacroVar monitors the factors of Momentum, Trend for Spain unemployment rate.
A detailed analysis can be found here