Tenerife Leads Job Creation in the Canary Islands with Notable Youth Unemployment Reduction

Pedro
By Pedro
3 Min Read
Disclosure: This website may contain affiliate or sponsored links, which means I may earn income from the link placements. Links are vetted for safety and compliance.


Tenerife Continues to Lead Job Creation in the Canary Islands

In August, the island recorded 64,749 unemployed individuals, which is 5,300 fewer than a year ago

The island president, Rosa Dávila, emphasises that Tenerife is consolidating its position as the employment engine of the Canary Islands, with significant progress in reducing youth unemployment and a stronger performance than the rest of the archipelago in terms of hiring

Tenerife once again sits at the forefront of job creation in the archipelago. In August, the island recorded 64,749 unemployed individuals, a decrease of 5,300 compared to the previous year (−7.6%). This decline aligns with the regional average and that of Gran Canaria, but shows additional improvement in the monthly figures.

One of the most notable indicators is youth unemployment, where Tenerife stands out. With 3,010 young people unemployed, the island has seen the largest annual decline in the Canary Islands (−11.5%) and the smallest monthly increase, giving it a clear advantage over the rest of the archipelago.

The most dynamic sectors continue to be hospitality, which generated 1,673 more contracts (+17.5%), and manufacturing, which grew by 27.6%, reflecting the strength of productive diversification. Administrative activities and public administration also showed remarkable increases of nearly 10%.

The president of the Cabildo, Rosa Dávila, expressed her satisfaction with “data that consolidates Tenerife as the engine of employment in the Canary Islands, with significant advances in reducing youth unemployment and a stronger hiring performance than the rest of the archipelago.”

Additionally, Dávila highlighted the positive figures regarding hiring. “Tenerife recorded 26,558 signed contracts in August, representing a 4% increase compared to the same month in 2024, while Gran Canaria experienced declines. Although this figure is lower than in July, the island withstands seasonal downturns better, solidifying its position in the Canary job market.”

“We must continue along this path by implementing policies and real projects that favour job insertion and translate into stable employment generation within a trusted environment for economic growth,” explained the island president.

The employment councillor, Efraín Medina, also emphasised the positive results Tenerife is experiencing in terms of employability, thanks to the coordination of all Cabildo areas with public and private entities, as well as the third sector. Medina explained that over 30 million euros have been invested in job insertion programmes, of which 10 million have been allocated directly to municipalities to address the specific needs of each local area.

Share This Article
Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

two × three =