Balearics closes 2015 with fewer unemployed

BY the end of 2015 less people were registered as unemployed, 9.31 per cent compared to the same month of the previous year.  

December saw the total for those unemployed at 75,784, less than November by 1.82 per cent according to information published this week by the Ministry of Employment and Social Security.

The majority of those unemployed are to be found in the service sector followed by construction, industry, those without previous employment and agriculture.  

A total of 15,754 foreigners were registered and this is 1,332 less than the previous year with 6,420 from the European Union and 9,334 outside of the EU.

The amount of contracts handed out was 23,407 in time for Christmas, with 2,797 of those being indefinite contracts, 228 more than the same month in 2014, an increase of 8.88 per cent. Temporary contracts were 20,610, again more than the previous year, but less than November by 23.2 per cent.

Not only was unemployment benefit delivered to many but other benefits included 37,883 contributory benefits, 33,089 grants, 2,867 active insertion income and some 133 grants for job activation. 

The total cost for unemployment benefits reached €62.89 million in the Balearics which meant an average of €922.40. 

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