FX.co ★ Spain’s Labor Market Loosens as Unemployment Rises by 19.5K in July

Spain’s unemployment change swung back into positive territory in July 2026, with the number of jobless rising by 19.5K, according to data updated on 4 August 2026. The move marks a notable reversal from June 2026, when unemployment decreased by 28.7K.

The latest figures suggest a softening in Spain’s labor market at the start of the second half of the year, following a stronger performance in June. While no additional sector or seasonal breakdown was provided, the shift from a substantial decline in unemployment to a renewed increase will likely draw attention from policymakers and investors tracking the resilience of Spain’s economic momentum through the summer period.