New data Unemployment Change (Jul)
8/2/2024
actual -10.8, previous -46.8
On August 2, 2024, at 07:00 GMT, Spain (ES) released the Unemployment Change data for July. The actual change in unemployment was -10.8 thousand, which was an improvement from the previous month. The previous figure was -46.8 thousand, indicating a significant decrease in the number of unemployed individuals. The market had anticipated a smaller improvement with an estimated change of -17.4 thousand. The actual result exceeded the market expectations, showing a positive sign for the labor market in Spain. This event had a medium impact on the EUR currency. The percentage change in unemployment was 76.92%, reflecting a notable reduction in the number of unemployed individuals compared to the previous month.This is not investment advice. Remember to verify the information provided here.
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