The Canary Islands closed 2024 with 138,400 unemployed people, that is, 50,300 fewer than those counted at the end of 2023, which translates into an unemployment rate of 11.91%, according to data from the EPA related to the fourth quarter of last year, released this Tuesday by the INE.
This means that in year-on-year terms this indicator has registered a decrease of 26.67%, while if the last quarter of 2024 is compared with the previous one, unemployment in the islands fell by 17.53%, in 29,400 people.
The archipelago had 1,023,700 employed at the end of last year, 37,300 more than in 2023, that is, 3.78% more. Compared to the previous quarter, the number of employed people grew by 26,400, 2.64%.
Therefore, the activity rate stood at 59.04%. The number of active people was 1,162,100, 1.11% less (-13,000 people) than those counted at the end of 2023.
More than 50,000 Canary Islanders left the unemployment lists in 2024
The unemployment rate fell below the 12% barrier in the archipelago according to data from the latest Active Population Survey (EPA)
