FX.co ★ Spanish Unemployment Rate Falls Below 10% in Fourth Quarter of 2025

In a significant positive shift for Spain’s labor market, the unemployment rate has dropped to 9.93% in the fourth quarter of 2025, dipping below the symbolic 10% threshold for the first time in this period. This marks a decrease from the previous 10.45% recorded in the third quarter of 2025, according to updated data released on January 27, 2026.

The reduction in unemployment is a promising development for Spain, signaling potential stability and growth in its economy amidst global challenges. Economists are cautiously optimistic about this trend, suggesting it may reflect the effectiveness of recent economic policies aimed at job creation and retention across various sectors.

As Spain continues to navigate the complexities of post-pandemic economic recovery, this decline in unemployment offers a beacon of hope for the future. Stakeholders will be watching closely to see if this momentum can be sustained in the coming months and whether it translates to broader economic improvements.