Latest Canarian unemployment figures

[Janet]

A bit of respite with the very welcome news this month that June's unemployment figures fell dramatically in Spain nationally, though the overall figure is still above that of a year ago. In the Canaries, there was not the same sort of fall, but there were still 3,308 fewer people out of work, a drop of 1.12%: there are now 293,054 unemployed in these islands. As with the national figures, Canarian unemployment is still higher than this time last year, but any drop is gratefully received right now. JA

[Nova]

Interesting... I wonder how many of those 3,308 were suicides 

[Janet]

Unemployment fell by 14,300 in the Canaries in the second quarter of 2013, a fall of 1.21%, and one of the largest drops in Spain for the period. The number of unemployed is now 371,300, a dreadful rate of  33.69%, and 5% higher than the same period in 2012, but at least there's a momentary breather with these latest figures. The current rates of unemployment between the eastern and western provinces here in the Canaries are 35.11% in Las Palmas de Gran Canaria, and 32.12% in Santa Cruz de Tenerife. JA

[Janet]

Well whatever it is it seems to be working. As I posted in my last update, unemployment fell in these islands in the second quarter of 2013, and now we have one the highest unemployment drops in Spain for August, with 4,294 fewer people out of work compared to July. This drop of 1.48% (a fall of 0.9% compared to August 2012) now leaves 286,081 unemployed throughout the Canaries. By provinces, Las Palmas has a fall of 1.47%, (2,272 fewer out of work), and Santa Cruz de Tenerife a slightly higher drop of 1.49% (2,022). Spain nationally itself showed a fall too, which raises hopes, dare I even say it, that the recession is finally starting to be left behind. JA

[Janet]

Canarian unemployment has fallen again. Hardly at all, but the downward trend continues. While Spain as a whole has seen September's unemployment figures rise by 25,572 people, an increase on August of 0.54%, the Canaries is one of just five autonomous regions where it has dropped with 2,009 fewer people out of work, a fall of 0.70%.

There are now 284,072 unemployed in these islands, still an horrendous figure, but down not just from last month, but also from this time last year – interannual figures show a drop of 1.64% compared to a rise of 0.41 in Spain. September is the first month that unemployment has gone up in Spain nationally in six months, a rise presumed to be due to the end of summer employment contracts. Here in the Canaries, one might have expected that factor to apply just as much. That it didn't, and indeed that out of work numbers fell, can be taken as a real sign of some hope. JA

[Janet]

Unemployment fell in Spain between July and September by just under 73,000, the biggest quarterly drop for several years, but these islands suffered the largest increase in any autonomous region, with an additional 22,000 out of work. Despite official claims only yesterday of a "recovery" that would see the Canaries come out of recession before the end of 2013 (yesterday's post HERE), figures for the last quarter released today by the National Statistics Institute show that Canarian unemployment figures not only fail to confirm the rhetoric, but have also bucked their own downwards trend of the past few months, suggesting that the positive statistics were indeed the result of no more than a summer blip. There are now 393,400 people in these islands out of work, meaning that Canarian unemployment now stands at an horrendous 35.12%. JA

[Guanche]

I wonder if there's a 'Tipping point' Where, due to the high unemployment rate, a recovery is impossible and the only way is down. I know, a bit doom and gloom but I am sure that in some EU think tank someone will have come up with a figure for the point of no return.

[El Profesor]

I wonder if there's a 'Tipping point' Where, due to the high unemployment rate, a recovery is impossible and the only way is down. I know, a bit doom and gloom but I am sure that in some EU think tank someone will have come up with a figure for the point of no return.

I don't think there is any point where you could get rid of all the obstacles that stop anyone doing anything at all and not see everybody start doing things.

When I say obstacles I mean tramites, permisos, impuestos, autorizaciones, tasas, altas, cuotas, licencias, otorgamiento de derecho de hacer pipi, sanciones, concesiones, expediciones, inscripciones, pruebas de capacitación, renovación and legislación vigente.  . . . . . and all this - mensual, anual y trimestral . . . and multiplied by municipal, cabildo, autonomo y nacional. And just make sure you read that fucking boletín or you are really screwed.

Get rid of that and the country will boom . . . no, no tipping point.

[Nova]

Or at least make all that crap payable on the internet instead of making everybody queue up in the bloody bank.

[Delderek]

Or at least make all that crap payable on the internet instead of making everybody queue up in the bloody bank.

Just a question, why is there always long slow moving queues in Spanish banks. That take five times longer than UK banks. Surely the systems can't be that antiquated?