Unemployment fell by 2.4% year-on-year by the end of 2025

Unemployment fell by 1,300 people in the Balearic Islands in 2025, reaching 52,000 unemployed at the end of the fourth quarter, a 2.4% decrease compared to the previous year, according to data from the Active Population Survey (EPA) published by the National Statistics Institute (INE). In the last quarter of the year, the number of unemployed rose by 10,800 people in the Islands, and the unemployment rate stood at 7.8%. This figure is the lowest for a fourth quarter since 2007. Since the INE began compiling data, unemployment has risen in the fourth quarter every year. The rebound in the last quarter represents the smallest increase since 2014. In the fourth quarter, 57,900 jobs were lost in the Balearic Islands (8.6% compared to the previous quarter), bringing the total number of employed to 614,600, the highest employment figure for a fourth quarter. Meanwhile, the number of people in the labor force in the region stood at 666,600 at the end of the fourth quarter, after decreasing by 47,100 (6.6%) in the last three months. Over the past year, unemployment has fallen by 1,300 (-2.4%) in the Balearic Islands, and 17,700 jobs have been created (+3%), while the labor force has decreased by 16,400 (2.5%). By gender, in the fourth quarter female unemployment rose by 4,000 women (+20.5%), while male unemployment increased by 6,800 men (+31.3%). With these figures, the number of unemployed women reached 23,500, and the female unemployment rate stood at 7.55%. Meanwhile, 28,500 men were unemployed at the end of the quarter, with a male unemployment rate of 8.01%. As for young people, the number of unemployed under 25 in the Canary Islands fell by 5,100 in the last three months, bringing the youth unemployment rate down to 12.52%.

According to the INE (National Institute of Statistics), the number of salaried workers with permanent contracts fell by 45,200 in the Balearic Islands during the fourth quarter, while the number of temporary workers decreased by 12,900. Following these changes, the total number of employed individuals stood at 505,200, of whom 430,900 had permanent contracts (85.29%) and 74,300 had temporary contracts (14.71%). While the public sector generated 4,900 jobs in the Balearic Islands, a 5.29% increase, bringing the total number of employed to 97,500, it also destroyed 62,800 jobs, a 10.83% decrease, bringing the total number of employed to 517,100.