The rising tourism saves the job market on Mallorca

The vacationers bring work back to the islands.

Of the tourism, which noticeably tightened again in the summer Mallorca and the other Balearic Islands a little job miracle enables. In no other autonomous region in Spain were percentages in August so many new jobs created like on the islands. At the end of the month there were 552,221 jobs subject to social security contributions – 7.5 percent more than in the same month last year. On a national average, the increase compared to 2020 was only 3.6 percent.

That August was a good month, especially in the Balearic Islands, is shown once again in comparison with the other regions in Spain. The 7.5 percent increase in jobs on the islands is significantly more than the 4.5 percent increase recorded by the Murcia region, which came in second in terms of new jobs. in the August the Balearic Islands managed to grow again by 1.1 percent compared to July, while nationwide the number of jobs has already decreased by 0.6 percent.

Another good news: the Balearic Islands were the only region in the country that has made it that Unemployment rate in a single digit range to press. According to the latest statistics, eight percent of people of working age on the islands were still unemployed.

In August there were 48,599 registered unemployed in the Balearic Islands. That was 34.1 percent less than in the previous Corona summer. The decline in unemployment fell particularly sharply in Hotel and hospitality industry the end. Here 55.2 percent fewer people were unemployed than in the same month last year. The number of People on short-time work. In August there were 17,635 employees. At the height of the pandemic in May 2020, around 152,000 people in the Balearic Islands were in this situation. / jk

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