In Spain there were a total of 927,500 ninis (young people aged 16 to 29 who neither study nor work) in the first quarter of the year, which is 19,400 more (2%) than in the same period last year, when they were registered 908,100 ninis. This is reflected in the data from the Active Population Survey (EPA) published this Friday, April 26, by the National Institute of Statistics (INE).
However, the number of young people who neither study nor work this year is far from that of ten years ago, since in the first quarter of 2014 Spain had 1,483,400 NEETs. For their part, the number of young people who do study and work in the first quarter of 2024 amounts to 1,060,600, which is 19,400 more than last year and the highest figure since the second quarter of 2007.
The number of unemployed young people under 25 years of age fell by 16,000 people in the first quarter, which is 3.3% less than in the previous quarter, placing the total number of unemployed young people at 465,000 at the end of March.
The youth unemployment rate thus stood at 27.7% at the end of the first quarter, six tenths lower than that of the last quarter of last year (28.36%) and the lowest since 2008, as highlighted by the Ministry of Economy, Commerce and Business. Between January and March, unemployment decreased by 14,300 people among young people aged 20 to 24 (-3.9%) and by 1,800 people among those aged 16 to 19 (-1.5%), being the only decreases in the unemployment by age groups.
In the last year, unemployment among young people aged 16 to 19 has increased by 700 unemployed people (0.6%), while it has decreased by 4,700 people (-1.3%) among young people aged 20 to 24. . For its part, the number of active people under 25 years of age fell by 8,000 people between January and March (-0.5%), according to data extracted from the Active Population Survey (EPA) prepared by the National Institute of Statistics (INE). .
Of the 2.97 million unemployed counted in Spain at the end of the first quarter of the year, 15.6% are young people under 25 years of age and 35.4% are long-term unemployed (more than a year of unemployment). .
The number of long-term unemployed fell by 32,400 people in the first quarter, almost 3% compared to the previous quarter, reaching 1,053,900 people. In the last year, long-term unemployed have been reduced by 99,800 people (-8.6%).
For its part, the group of those looking for their first job, made up mostly of young people, reduced its number of unemployed by 35,600 people between January and March (-11.6%), to a total of 271,200 unemployed, its lowest figure since the second quarter of 2020.
