The labor market in the Canary Islands continues to show a profoundly unequal behavior among the different island territories.
According to the latest data from the Active Population Survey (EPA) from the National Institute of Statistics (INE) and the series from the Canary Islands Institute of Statistics (ISTAC), Lanzarote is the only island in the archipelago with an unemployment rate below the national average.
Despite its vulnerabilities, such as the strong concentration of employment in the services and hospitality sector, residential supply tensions, and the cost of living, Lanzarote is the only island in the Canary Islands that can boast an unemployment rate below 10%. Specifically, it stands at 9.6%, two tenths below the state average, which is 9.8%.
For its part, the Canary Islands Autonomous Community as a whole has a notably higher average unemployment rate, reaching 11.2%.
The second island with the least unemployment in the archipelago is Fuerteventura, which recorded a rate of 10.4% in the second quarter of the year.
In Gran Canaria, unemployment rises to 11.1%, remaining very close to the autonomous community average but without managing to exceed the employment figures recorded in the eastern islands.
For its part, Tenerife, the most populated island in the archipelago, reports an unemployment rate of 11.6%, while in La Palma it rises to 12.3%.
Meanwhile, La Gomera has an unemployment rate of 13.1% and El Hierro registers 14% unemployment.
Add La Voz de Lanzarote as a preferred Google source.
Stay informed with the latest current news.