Registered unemployment in the Canary Islands stood at 144,168 people in July, representing a year-on-year reduction of 4.58% (6,920 fewer people than a year ago). However, compared to the previous month, unemployment increased by 1,759 people (1.24%). This evolution is mainly attributed to the seasonal behavior associated with the end of the school year, leading to an increase in unemployment in education-related activities.
Long-term unemployment continued its downward trend in July, standing at 63,349 people, its lowest level since 2009. It decreased by 174 people compared to June and by 4,862 (-7.13%) compared to the same month last year.
“"These figures reflect the usual behavior of the labor market in a month marked by the end of the school year. It is a seasonal evolution that explains the increase recorded this month."
The Vice-Minister of Employment, Isabel León, emphasized that "the important thing is that the Canary Islands today has nearly 7,000 fewer unemployed people than a year ago and that long-term unemployment continues to decline." She noted that the Education sector accounted for a significant portion of the monthly unemployment increase, with 1,624 more people due to the end of contracts linked to the academic year.
Conversely, sectors such as Hospitality saw a decrease in unemployment of 180 people (-1.28%), and Industry, where unemployment fell by 31 people (-0.61%).
“"July behaves differently from other months due to the effect of seasonality. That is why it is important to also look at other indicators, such as the increase in hiring, with more than 70,000 contracts signed during the month, or the growth in permanent hiring, which reflect the dynamism of the labor market in the Canary Islands."
The Director General of Labor, José Ramón Rodríguez, explained that "July behaves differently from other months due to the effect of seasonality." More than 70,000 contracts were signed in the month, of which 30,202 were permanent (42.99%), a 3.62% increase from the previous year.
The year-on-year evolution by islands shows a favorable trend in most of the Archipelago. Unemployment decreased in Gran Canaria (-5.72%), Tenerife (-4.39%), Lanzarote (-2.39%), Fuerteventura (-1.28%), and La Gomera (-7.40%). La Palma remained stable, and El Hierro registered an increase. In the monthly evolution, unemployment rose in most islands, except for La Gomera, which saw a decrease.
