economy

Canary Islands has 2,533 fewer unemployed

The unemployment list in the Canary Islands totals 174,019 people, according to data published on Tuesday by the Ministry of Labour and Social Economy.

According to data released on Tuesday by the Ministry of Labour and Social Economy, the number of registered unemployed in the Canary Islands has decreased by 2,533 people in June, representing a decline of 1.43% compared to the previous month. Currently, there are 174,019 people on the unemployment lists in the archipelago. On a year-on-year basis, the Canary Islands have witnessed a decrease of 16,225 unemployed individuals, corresponding to an 8.53% drop.


UNEMPLOYMENT FALLS BY MORE THAN 50,200 IN SPAIN

In Spain as a whole, unemployment fell by 50,268 people in June, a decrease of 1.84% compared to the previous month. The services sector accounted for almost 84% of the decline in unemployment.

In terms of provinces, Santa Cruz de Tenerife experienced the highest reduction in unemployment, with 1,537 fewer people unemployed (-1.82%), followed by Las Palmas, which saw a decrease of 996 unemployed individuals (-1.08%). Consequently, Las Palmas has a total of 90,953 unemployed individuals, while Santa Cruz de Tenerife has 83,066.

In June, temporary contracts constituted 31,178 out of the total number of contracts in the Canary Islands, representing an increase of 12.45% compared to the previous month. However, both temporary and permanent contracts decreased by 9.40% on a year-on-year basis.

The overall unemployment situation in Spain improved significantly, with the total number of unemployed falling below 2.7 million for the first time in 15 years. At the end of June, there were 2,688,842 people unemployed, the lowest figure since September 2008. Unemployment has remained below three million for 14 consecutive months.

The decline in unemployment in June 2023 exceeded the decrease observed in June 2022, but it did not surpass the significant drop recorded in June 2021 when unemployment fell by 166,911 individuals, marking the largest monthly decline on record.

Over the past year, unemployment has decreased by 191,740 people, corresponding to a 6.6% reduction. Female unemployment decreased by 99,498 women (-5.7%), while male unemployment decreased by 92,242 men (-8.3%).

Unemployment declined in all economic sectors except agriculture, which saw a slight increase of 220 individuals (+0.2%). The services sector experienced the largest decrease, with 42,133 fewer unemployed (-2.1%), followed by industry with a decline of 4,888 individuals (-2.2%), construction with 1,688 fewer unemployed (-0.8%), and the group without previous employment with 1,779 fewer unemployed (-0.7%).

Both women and men saw a decrease in unemployment, but the decline was more pronounced among women. Female unemployment decreased by 30,710 women (-1.8%), compared to a decrease of 19,558 men (-1.8%). The total number of unemployed women reached its lowest level since 2008 at 1,624,317, while the number of unemployed men totaled 1,064,525.

Unemployment fell in all Autonomous Communities in Spain, particularly in Andalusia (-8,760 unemployed), Catalonia (-6,359 unemployed), and Galicia (-5,410 unemployed). Asturias (-4.6%) and Cantabria (-4.3%) experienced the sharpest percentage decreases, while Madrid (-0.8%) and Andalusia (-1.2%) had the smallest declines.

Among foreigners, unemployment decreased by 8,556 individuals compared to the previous month (-2.4%), resulting in a total of 345,785 unemployed immigrants. This represents 17,156 fewer unemployed immigrants than the previous year (-4.7%).

The number of permanent-discontinuous contracts decreased by 13.9% in June. Out of a total of 1,492,803 contracts registered, 631,810 were permanent contracts, a decrease of 19.4% compared to June 2022. Permanent contracts accounted for 42.32% of all contracts signed, which is nearly two percentage points lower than the previous month.

CANARY ISLANDS: UNEMPLOYMENT FALLS IN ALL SECTORS EXCEPT AGRICULTURE

In the Canary Islands, unemployment declined in all sectors except agriculture, where it increased by 11 individuals, bringing the total number of unemployed in the sector to 3,656. The Services sector witnessed the largest decrease, with 1,779 fewer unemployed individuals, although it still has the highest number of unemployed individuals at 134,766. The number of unemployed individuals without previous employment decreased by 403 to 13,500, while the Construction sector saw a decline of 242 unemployed individuals, leaving a total of 15,597 unemployed. In the Industrial sector, unemployment decreased by 120 individuals to a total of 6,500 unemployed.

Regarding hiring, the Canary Islands registered 56,933 agreements in June, an increase of 5,561 compared to the previous month (+10.82%). However, this represents a decrease of 9,661 contracts (-14.51%) compared to the previous year. Out of the total contracts registered in June, 25,755 were permanent contracts, reflecting an increase of 2,108 compared to May (+8.91%), but a decrease of 6,426 contracts (-19.97%) compared to the previous year.


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