He Stop registered in public employment service offices fell by 150 people in September in the Balearic Islands compared to the previous month (-0.5%) to 27,962 unemployed and also decreased compared 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 Affairs. Economy.
This total number of unemployed is the lowest figure for a month of September since 2002. Since the beginning of the comparable historical series, in 1996, unemployment has increased most of the time in September in the Balearic Islands (27 times), while it has decreased only once, last month’s decrease being the weakest since there are recordings. Over the past year, unemployment has accumulated a decrease of 2,192 unemployedwhich represents 7.3% less.
By sectors, Unemployment has fallen 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 unemployment are Services (19,942), Construction (3,916), while the sectors with the least unemployment are Agriculture (369) and Industry (1,271).
By gender, of the 27,962 unemployed registered in September, 15,620 were women246 fewer (-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 increased, with 631 more unemployed than at the end of last month (+24%), while unemployment among those aged 25 and over decreased by 781 unemployed (- 3.07%).
For its part, in the ninth month of the year, unemployment increased by 1.2% year-on-year among the foreign population and by 5.2% compared to the previous month, to reach 5,419 foreign unemployed.
Andalusia (+7,720), Galicia (+2,314) and Extremadura (+1,953) are the communities where the number of unemployed increased the most, while the Canary Islands, Catalonia and the Basque Country recorded the weakest growth, 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 the same month of the previous year. Of these, 19,214 were Permanent contracta figure of 6.2% lower than that of September of the previous year and 12,330, temporary contracts (14.6% more).
Of the number of contracts recorded in September, 39.09% were temporary (compared to 42.08% the previous month) and 60.91% were of indefinite duration (the previous month was 57.92%).
Concerning the number of benefits, the number of requests for benefits at the regional level recorded in August 2024 amounts 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) estimated that the drop in unemployment, of 0.5% compared to the previous month and 7.3% compared to the previous year, confirms that high season has been extended until September.
This was stated by the president of the employers’ organization, Carmen Planas, who stressed that “the month of September behaved in a positive way again, as it had already done in 2023”. He stressed that the high season “lasts until autumn in a stable manner” thanks to the fact that the services sector “remains fully active”.
She also assessed positively that inflation fell below 2%, although she was cautious while waiting to see how it will behave “with the end of certain containment measures.”
