Unemployment falls by almost 3% year-on-year in the Balearic Islands in December

PalmRegistered unemployment at public employment offices in the Balearic Islands fell by 914 people in December compared to the previous month (-3.02%) and by 887 people compared to the last month of the previous year (-2.94%), ending the year below 30,000 unemployed (29,305), according to data published by the Ministry of Social Labor. At year-end, the sectors with the most unemployed were services (22,323, down 850 from November, a decrease of 3.67%) and construction (3,181, down 23, a decrease of 0.72%), while the sectors with the fewest unemployed were agriculture (1,245, down 33, a decrease of 2.58%).

Regarding gender, of the 29,305 unemployed registered in December, 16,472 were women (-511) and 12,833 were men (-376). With the decrease over the last year, unemployment in the Canary Islands has now fallen for five consecutive years. In December, unemployment among young people under 25 stood at 4,242, of whom 2,320 were men and 1,922 were women. In the last month of the year, unemployment among foreigners stood at 7,183, after falling 4.28% compared to November and increasing 2.29% compared to the previous year.

Hiring

In December, 17,841 contracts were registered in the Balearic Islands, virtually the same number as in the same month last year. Of these, 10,375 were permanent contracts (+0.19%) and 7,466 were temporary contracts (down 0.21%).