Employment in Spain
Spain has the fourteenth-largest world economy and the fifth largest in the EU (2022). Through the 1990s and most of the 2000s, Spain attracted huge foreign investments due to a boom in property development. Some 12% of its workforce was associated with construction work in 2007, this led to a significant increase in unemployment rates when many construction projects were cancelled as a result of the 2008 financial crisis.
Spain main export products are machinery, electronic devices, vehicles and food.
The Kingdom of Spain has 47 million inhabitants (2022) with a population density lower than most other Western European countries. Spain is mainly populated along its coast. Its capital city of Madrid has a population of 3.4 million (2022). During the twentieth century, the population op Spain has doubled, mainly because of a high birth rate.
During 17th and 18th century, the Spanish empire stretched over all continents. This led to a migration of Spanish people to mainly Latin America. In recent years Spain has seen high immigration rates, mainly because its boom in property construction. This attracted many, primarily lower skilled workers from Eastern European countries. Spain also sees quite some immigration from its former colonies and from neighboring country, in particular Morocco.
The so-called 'property bubble' in Spain meant that many jobs, related to construction, disappeared following the 2008 financial crisis. The level of education in Spain is relatively high, this spurred the growth of Spain's tech-industry.
Working in Spain
Spain participates in the EU Blue Card program.
Public Employment Office