Queues outside the Palma unemployment office yesterday.

02-12-2014

There are 20,000 fewer people out of work in the Balearics than in 2009, according to  the government, but 46,000 have lost all form of benefits since the PP came to power.

Palma.—Last month, the Balearics posted the sharpest increase in the number of people out of work in Spain.
At the end of November, 84,311 people were officially registered as out of work, 11.65 percent or 8,798 more people than at the end of October.
But, in comparison to the same period last year, 7,187 more people are in work and, according to the data released by the National Statistics Institute, year-on-year monthly unemployment figures have fallen for the past 25 consecutive months, and that is what the Balearic government was keen to champion in parliament yesterday.
President Jose Ramon Bauza admitted that the employment situation is not “ideal” but he was quick to underline the positive trend and said that his government is confident it will continue falling as the region’s economy improves.
And, the Federation of Small to Medium Sized Businesses, PIMEM, also appeared to be encouraged.
In a statement, the organisation said that the figures “offered some hope” but added that  there is still a need to be “cautious.”
“The main concern is that the majority of these new jobs, 88 percent,  are part time or temporary only 12 percent are full time positions and the small to medium sized sector continues to be hampered by the regional economic policies which favour large retail chains.
“In order for small to medium sized businesses to create more jobs, the sector needs more tax breaks and fiscal  incentives,” the federation said.

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