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Spain's Unemployment Plummets Below 10% for First Time Since 2008

1/28/2026

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Summary

Story summary

Spain's unemployment rate fell to 9.93% at the end of 2025, the first time below 10% since 2008.
The decline reflects growing strength in Spain's labor market.
The Instituto Nacional de Estadística (INE) reported the rate fell from 10.45% in the previous quarter.
The report signals a positive trend in job availability and a favorable outlook for Spain's labor market.

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Story summary

Spain's unemployment rate fell to 9.93% at the end of 2025, the first time below 10% since 2008.
The decline reflects growing strength in Spain's labor market.
The Instituto Nacional de Estadística (INE) reported the rate fell from 10.45% in the previous quarter.
The report signals a positive trend in job availability and a favorable outlook for Spain's labor market.