He arrest registered in the offices of public employment services fell by 150 people in September in the Balearic Islands in relation to the previous month (-0.5%) to 27,962 unemployed and also decreased in relation to the same month of the previous year with a drop of 7.3% (2,192 fewer unemployed), according to data published by the Ministry of Labor and Social Economy.
This total number of unemployed is the lowest figure in a month of September since 2002. Since the beginning of the comparable historical series, in 1996, unemployment has increased in September the majority of times in the Balearic Islands (27 times), while it has only decreased on one occasion, with the decrease in the last month being the smallest decrease since there are records. In the last year, unemployment accumulated a decrease of 2,192 unemployedwhich represents 7.3% less.
By sectors, Unemployment fell in Construction117 less (-2.9%); Services112 less (-0.56%), while increased in Agriculture31 more (+9.17%), and Industry, 12 more (+0.95%)
At the end of the month, the sectors with the most unemployed are Services (19,942), Construction (3,916), while the sectors with the least unemployed are Agriculture (369) and Industry (1,271).
In terms of sex, of the 27,962 unemployed registered in September, 15,620 were women246 less (-1.6%) and 12,342, menwhich represents an increase of 96 in the number of unemployed compared to the previous month (+0.8%), reports Europa Press
In September, unemployment among young people under 25 years of age increased, with 631 more unemployed than at the end of last month (+24%), while unemployment among people aged 25 and over fell by 781 unemployed (-3 .07%).
For its part, in the ninth month of the year unemployment grew by 1.2% year-on-year among the foreign population and by 5.2% compared to the previous month to 5,419 foreign unemployed.
Andalusia (+7,720), Galicia (+2,314) and Extremadura (+1,953) were the communities where the number of unemployed grew the most, while the Canary Islands, Catalonia and the Basque Country where the least, with declines of 4,375, 4,060 and 3,367, respectively.
In September they registered 31,544 contracts in the Balearic Islands0.9% more than in the same month of the previous year. Of all of them, 19,214 were permanent contractsa figure 6.2% lower than that of September of the previous year and 12,330, temporary contracts (14.6% more).
Of the number of contracts registered in September, 39.09% were temporary (compared to 42.08% the previous month) and 60.91% were indefinite (the previous month was 57.92%).
Regarding the number of benefits, the number of applications for benefits at the regional level registered in the month of August 2024 amounted to 7,403. The registrations processed were 6,055. The existing beneficiaries at the end of the month were 25,693.
CAEB reactions
The Confederation of Business Associations of the Balearic Islands (CAEB) has considered that the decrease in unemployment, of 0.5% compared to the previous month and 7.3% compared to the year-on-year, confirms that the high season has been extended until September.
This was stated by the president of the employers’ association, Carmen Planas, who celebrated that “September has behaved positively again, as it already did in 2023.” He has pointed out that the high season “lasts until autumn in a stable manner” thanks to the fact that the services sector “remains fully active”.
She has also assessed positively that inflation has fallen below 2%, although she has been cautious while waiting to see how it behaves “with the end of some containment measures.”
