Post by pigeonpie on Feb 12, 2009 8:07:28 GMT
Unemployment level rises by 44% in one year in Menorca
Christine M. Watterson Maó
At the end of January, the number of people out of work in Menorca totalled 5,944, an increase of 43.6% on the figure twelve months previously. This percentage, however, is lower than both the Balearic and national average rises, both of which are around 47%. Industry and construction are the two sectors which have seen the sharpest rise in unemployment figures.
Recruitment figures also rose in comparison with December, by some 18% in the Balearic Islands and 32.8% in Menorca, where 342 new contracts were signed, 21% of them for an indefinite period. However, compared to this time last year the number of new contracts is down by 27%, the drop being most pronounced among the under-25’s and in the construction and services sectors.
The Director General of Strategic Planning, Llorenç Pou, stated last week that, within the negative economic context, the Balearic Islands are now entering “a phase of new recruitment in which unemployment figures, although remaining high, will start to stabilise”.
Read more on this article
Christine M. Watterson Maó
At the end of January, the number of people out of work in Menorca totalled 5,944, an increase of 43.6% on the figure twelve months previously. This percentage, however, is lower than both the Balearic and national average rises, both of which are around 47%. Industry and construction are the two sectors which have seen the sharpest rise in unemployment figures.
Recruitment figures also rose in comparison with December, by some 18% in the Balearic Islands and 32.8% in Menorca, where 342 new contracts were signed, 21% of them for an indefinite period. However, compared to this time last year the number of new contracts is down by 27%, the drop being most pronounced among the under-25’s and in the construction and services sectors.
The Director General of Strategic Planning, Llorenç Pou, stated last week that, within the negative economic context, the Balearic Islands are now entering “a phase of new recruitment in which unemployment figures, although remaining high, will start to stabilise”.
Read more on this article
