Employment and Industry Trends
Our expert researchers describe the current unemployment rates and short and long-term hiring expectations in your target country.
Below is a brief excerpt from this section:
Prior to the COVID-19 (Coronavirus) pandemic, high unemployment already characterized the Spanish labor market, as well as a tendency to melt down during global crises since the country’s shift to democracy. Even during good periods, unemployment has never been lower than 7.9%.
While the labor market registered constant signs of improvement since 2014, the spread of COVID-19 and the nationwide lockdown have caused the unemployment of more than 3.5 million workers. Analysts predict that this number will continue to grow in the coming months, making the country’s unemployment rate reach over 21% by the end of the year.
The sectors that immediately lost the most jobs were tourism, construction and agribusiness production. However, while jobs are scarcer, the main sectors that are still hiring remain ICT, engineering, business administration, sales and manufacturing.
For obvious reasons, jobs in the health care sector have also increased and are expected to continue growing in the most populated regions of the country. The pharmaceutical industry is also expected to increase its workforce in the near term.
This is just a brief sample of the extensive information in the GoinGlobal Spain Career Guide, which is carefully researched and regularly updated by career experts.