Mallorca shock: 600 jobs lost during peak Balearic holiday seaso

Mallorca shock: 600 jobs lost during peak Balearic holiday season
MallorcaandalloftheBalearicsisfacingabitofaconundrumbecauseduringthepeaksummermonthofAugustnearly600peoplelosttheirjobsatatimewhenthetouristindustryinparticularshouldbesteamingMediareportshaveclaimedthatinareassuchasPuertoSollerrestaurantswereeitherlayingpeopleofforsendthenonholidayduetoasignificantdropintradesomeindustrysourceshavecontestedthatbutthefiguresspeakforthemselvesnnUnemploymentregisteredatpublicemploymentservicesofficesroseby582peopleinAugustintheBalearicscomparedtothepreviousmonth23to25968unemployedalthoughyearonyearunemploymentfellby762144fewerunemployedintheislandsaccordingtodatapublishedbytheMinistryofLabourandSocialEconomynnThistotalnumberofunemployedisthelowestfigureforAugustsince2002Sincethebeginningofthecomparablehistoricalseriesin1996unemploymenthasriseninAugustmostofthetimeintheBalearics24timeswhileithasfallenonfiveoccasionswithlastmonthsrisebeingthesmallestincreasesince2015Overthelastyearunemploymenthasfallenby2144representinga76decreasennBysectorunemploymentfellamongthosewhohadnotpreviouslybeenemployeddown109477agriculturedown6192whileitincreasedinservicesup566311constructionup116342industryup15128AttheendofthemonththesectorswiththehighestunemploymentwereServices18790andConstruction3506whilethesectorswiththelowestunemploymentwereAgriculture306Industry1190andNopreviousemployment2176nnIntermsofgenderofthe25968unemployedregisteredinAugust14784werewomen632more45and11184weremenrepresentinganincreaseof614inthenumberofunemployedcomparedtothepreviousmonth58InAugustunemploymentamongyoungpeopleunder25increasedwith27moreunemployedthanattheendoflastmonth11whileunemploymentamongpeopleaged25andoverincreasedby1219547nnInAugust26201contractswereregisteredintheBalearics127lessthaninthesamemonthlastyearOfthese16186werepermanentcontracts69lessthaninAugustlastyearand10015weretemporarycontracts208lessOfthenumberofcontractsregisteredinAugust3822weretemporarycomparedto3133inthepreviousmonthand6178werepermanentcomparedto6867inthepreviousmonthnnAndacrossSpainthenumberofpeopleregisteringasjoblessrose091inAugustfromamonthearlierorby21905leavingatotalof243millionpeopleoutofworkdatafromtheLabourMinistryswebsiteshowedonTuesdayUnemploymentgenerallyfallsatthebeginningofthesummerasthetourismindustryhiresalotofseasonworkersandriseswhentheflowoftouristsebbsattheendofsummernnHoweverduringAugustthenumberofnetformaljobsgrew29836to2167milliononacalendaradjustedandexcludingseasonalityaseparatereportfromtheSocialSecurityMinistryshowedAndithasnotjustbeenMallorcaThedeclineinturnoverreportedbymostMenorcanrestaurantsthroughoutthetouristseasonhasbeguntoclaimitsfirstvictimsThelossofcustomersandthedropinaveragespendinghavedampenedbusinessexpectationsinasectorthatisshowingsignsofsaturationWewillhavetowaitandseewhathappensinthefinalstretchoftheseasontogaugetheextentoftheproblembutrestaurateursthemselvesrecognisethatitislogicalthatthesituationwillultimatelyleadtoasortofstreamliningofwhattheyconsidertobeanexcessivesupplyforthesizeoftheisland