Unemployment in the Canary Islands fell in September. New figures detail sectors, new contracts and expenditure on unemployment benefits.
Unemployment in the Canary Islands
When it comes to unemployment figures, the Canary Islands have been one of the biggest problem areas across the EU for many years. The reason for this is the volatile economy. Below you will find all the news on this topic:
In August, consumer prices in the Canary Islands rose for the seventh month running. At least unemployment is falling.
In the Canary Islands, the number of long-term unemployed has fallen to 63,326. One island stands out in particular.
Inflation in the Canary Islands has reached 3.4 per cent. The price index rose to 103.62 points. This has consequences for residents and tourists.
Unemployment in the Canary Islands
Ever since the economic crisis of the 2000s, the Canary Islands – with their economy heavily focused on the service sector and agriculture – have been regarded as a hotspot for unemployment. Youth unemployment, in particular, is considered to be very high. However, this trend has been reversed since the 2010s. Since then, the Canary Islands have seen a positive trend in unemployment figures. You can find all the latest news on unemployment in the Canary Islands on this page.