Unemployment continues to fall and stands at 31,731 people, an all-time low and 31.9% lower than the figure recorded last year

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The data on enrolment for March

Calls for permanent seasonal workers totalled 51,208 in the first quarter, almost double the number before the pandemic.

Average enrolment in the Balearic Islands in March was 493,459 people, an increase of 5.6% compared to a year ago and a new record in the historical statistical series for March. This is one of the main figures presented today by the Councillor for the Economic Model, Tourism and Employment, Iago Negueruela, who explained the evolution of the labour market in March, together with the Director General of the Economic Model and Employment, Llorenç Pou.

This figure means that, for the seventeenth consecutive month, the Islands have achieved record highs in employment.

In month-on-month terms, the Islands have also performed better in enrolment than Spain as a whole. The Balearic Islands recorded 29,853 more enrolled workers than last month, up 6.4% and the highest month-on-month increase for a March in the historical series. In Spain, the increase in enrolment was 1% over the previous month. This means that 1 out of every 7 new jobs was created in the Balearic Islands last month.

By islands, and with the data for February (the latest date available), all the territories have experienced a positive variation concerning the previous year. Eivissa shows the strongest pattern, followed by Mallorca and Menorca. In any event, enrolment is already higher than in 2019 across the board.

Moreover, new recruitment is already at levels of quality similar to the European average. In just one year, the hiring system has been turned around and has gone from 44.5% of permanent contracts in March 2022 to 75.3% in March this year.

51,200 calls for permanent and discontinuous contracts

On the other hand, in March there has also been a great advance in the call for permanent discontinuous employees, with a total of 30,451 calls in March and a cumulative total of 51,208 permanent discontinuous employees called between January and March. According to the councillor, the number of permanent seasonal workers has almost doubled in this quarter compared to the same period before the pandemic (90% more calls than in 2019).

Unemployment was the lowest in February, 33% lower than a year ago.

Unemployment in March stood at 33,731 people, the lowest record in the entire historical series for this month in the Balearic Islands. Compared to last year, unemployment fell by 15,759 people, a percentage drop of 31.8%.

This is the sharpest drop in Spain as a whole, which saw unemployment fall by 7.9% compared to a year ago.

Unemployment also fell in February in the Islands, and this is the fourth consecutive month in which a month-on-month fall has been recorded. In this sense, in March the Balearic Islands had 1,469 fewer unemployed people than in February, a 4.1% decrease; in Spain, on the other hand, unemployment fell by 1.7% compared to February.

The administrative unemployment rate in March in the Balearic Islands was 6.4%, almost half the national average (12.3%).