Last May closed in the Balearic Islands with 28,800 people registered on the unemployment lists, which represents a decrease of 20.5% compared to the same month in 2022
In May, Social Security registered an average of 601,556 affiliates in the Balearic Islands, 34,709 more than in the same month of 2022, and 49,265 more than in April, with a growth of 8.92%. This monthly rise in employment is the highest in Spain both in relative terms and in absolute numbers. Thus, 24.5% of all new jobs in the country were created on the islands. May closed with 28,800 people registered as unemployed in the Balearic Islands, 7,403 fewer than a year earlier and 2,211 people below the figures for April, 7.13 %, also the biggest monthly fall of all the autonomous communities.
According to data published this Friday by the Government, employment in Spain as a whole rose again in May, with 200,411 more people registered with Social Security. The total number of employed persons is now above 20.8 million. Meanwhile unemployment fell by 49,260 people to 2.7 million, the lowest figure since 2008. The increase in employment, slightly lower than in May last year, leaves the total number of employed persons at a maximum of 20,815,399, 582,676 more than a year ago.
Jordi Mora, president of the Federació de la Petita i Mitjana Empresa de Mallorca (PIMEM), has assessed these figures as “very good” and stressed that this “good situation” has been reached many months ago.
Despite the positive data, Mora insists on the “very serious problem” of the lack of skilled and unskilled labour. As a result, he predicts “another very complicated tourist season for many sectors, especially for the services sector. PIMEM describes this problem as endemic and structural, to which must be added the lack of training and housing which, as we all know, directly affect the recruitment of workers”.
The Comisiones Obreras trade union has spoken along the same lines, warning that the Balearic Islands could “die of success if the price of housing and the shopping basket, which are weighing down the economy of families, are not resolved”.