Spain’s unemployment rate fell to 9.93% in the fourth quarter of 2025 from 10.45% three months earlier, data from the National Statistics Institute (INE) showed on Tuesday, the lowest in 18 years.
The rate dipped below the 10% landmark for the first time since the first quarter of 2008, when it stood at 9.6%, INE data showed.
The private sector contributed 92% of the new jobs created in 2025, Economy Minister Carlos Cuerpo said in a video statement on Monday.
“The data shows a stronger, more stable jobs market with higher-quality employment that provides a solid foundation to keep expanding the welfare of all citizens,” Cuerpo added.
(Reporting by Mireia Merino)
