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Tenerife Drives Employment Surge in the Canary Islands with 2,000 New Jobs in December

January 16, 2025
in El Dia
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Tenerife Drives Employment Surge in the Canary Islands with 2,000 New Jobs in December
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Tenerife Drives Employment Surge in the Canary Islands with 2,000 New Jobs in December

The president of Council of Tenerife, Rosa Dávila, underscores the generation of employment on the island during December 2024, with 2,013 new contracts, marking an 8.50% increase in comparison to the same time frame in 2023. This accounts for over half – nearly 54% – of all contracts established in the Canary Islands during the preceding month, as per data from the Canary Islands Institute of Statistics.

Dávila asserts that “the revitalisation of Tenerife is an observable reality. Upon our arrival at the Cabildo, the unemployment rate stood at 22%; today, that number has decreased to 13%. We have transformed our position from lagging behind to becoming the driving force of job creation in the Canary Islands.” The island president believes that “although the figures for new contracts throughout the Canary Islands are encouraging, those for Tenerife are even more impressive, given that over half -2,013- were executed on our Island.” In fact, she notes, “the annual change in contracts from 2023 to 2024 in Tenerife is 8.50%, exceeding the average for the Canary Islands, which is 6.92%.”

Leadership

On a regional scale, the total contracts registered in the Canary Islands in December 2024 rose by 6.92%, with 3,733 additional contracts compared to December 2023, leading to a total of 57,674. In Tenerife, the total reached 25,682, which is an increase of 2,013 compared to December 2023. Rosa Dávila confirms that “this achievement is the outcome of a policy focused on public-private collaboration, emphasising investment to invigorate and diversify economic activity. Simultaneously, we have launched extensive employment programmes enabling groups facing challenges in job placement to secure employment.”

Reduced Unemployment

In terms of unemployment, there was a decrease of 11,501 individuals across the Canary Islands in December 2024 relative to the same period last year, with 4,600 of those from Tenerife, representing nearly 40% of the total. “We have initiated programmes that restore hope to families and offer job opportunities to young people entering the workforce for the first time; these data serve as motivation to persist in our efforts.” In this regard, the president of the Cabildo notes that “for 2025 we have allocated 39 million euros in the budget to enhance employability and job placement prospects to stimulate the labour market.”

Job Seekers

Furthermore, the drop in the number of job seekers has also been considerable. In so doing, the Canary Islands experienced a decline of 7,088 individuals in December 2024 compared to December 2023, with 2,369 of those in Tenerife. Consequently, the number of job seekers on the Island has been reduced to 93,441 individuals. Rosa Dávila concludes with a summary: “We are driven and aim to continue facilitating job creation. It remains a key priority, and we will persist in implementing programmes and projects in collaboration with various entities, both public and private, to generate quality employment in Tenerife.”

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