Spain youth unemployment rate

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Spain youth unemployment rate: 26.6 (0%)
Last Update: May 31, 2024

Spain youth unemployment rate closed down 26.6 as of May 31, 2024 from 26.6 from the previous month and 28 from last year.


Spain youth unemployment rate Analytics & Data




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Spain youth unemployment rate

DateValues
2024-05-31 26.6
2024-04-30 26.6
2024-03-31 27.1
2024-02-29 27.6
2024-01-31 28.2
2023-12-31 28.7
2023-11-30 29
2023-10-31 29
2023-09-30 28.5
2023-08-31 28
2023-07-31 28
2023-06-30 27.7
2023-05-31 28
2023-04-30 28
2023-03-31 29.3
2023-02-28 29.8
2023-01-31 29.7
2022-12-31 29.5
2022-11-30 29.7
2022-10-31 30.3
2022-09-30 31.6
2022-08-31 31.7
2022-07-31 30.2
2022-06-30 29

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Spain youth unemployment rate Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
youth unemployment ratees.ytunemploymentrate26.626.60-5DownDown442024-05-31

Spain youth unemployment rate Factors

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Spain youth unemployment rate Historical Data

The MacroVar database offers free access to historical data for the Spain youth unemployment rate, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Spain youth unemployment rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Spain youth unemployment rate

Spain has one of the highest youth unemployment rates in Europe, with over 40% of young people under the age of 25 currently out of work. This staggering statistic highlights the challenges that many young Spaniards face in finding stable employment opportunities. Factors such as the lingering effects of the global financial crisis, a lack of job creation, and limited access to quality education and training programs all contribute to the high youth unemployment rate in Spain. This issue not only impacts the economic stability of the country but also has broader social implications, as young people struggle to achieve financial independence and secure their future. Efforts are being made to address this pressing issue, but the road to reducing youth unemployment in Spain remains a challenging one.