The unemployment rate in Tenerife has decreased by 5,300 individuals, representing a 7.3% decline over the past year, bringing the total number of unemployed to 67,677. Concurrently, hiring rates have exceeded the Canarian average (3.26% compared to 2.74%, respectively). The president of the Cabildo, Rosa Dávila, reflected on the statistics yesterday: “Tenerife is progressing as a powerhouse for employment across the islands, providing more job opportunities for young people.” In this regard, the youth unemployment rate fell by 8.63%, with 833 fewer young people in this category.
Comparison
When compared to December 2024, the increase in hiring was 3.28%, outpacing the growth recorded in the Canary Islands (2.74%). Rosa Dávila emphasised that these figures are indicative of the island’s economic vibrancy and the success of implemented employment policies. She asserted: “Tenerife is proving that it can generate sustainable employment, solidifying its role as a leading force in the Canary Islands.” She also noted that “these figures are not coincidental; they are the result of a collective effort between the Cabildo, businesses, and workers.”
Increased Hiring
The rise in hiring was another significant highlight at the beginning of the year. Last January saw a registration of 26,525 new contracts in Tenerife, marking a 7.04% increase compared to the same month last year (+1,744 contracts), surpassing the average growth in the Canary Islands, which stood at 5.91%. “This 1.13-point difference illustrates the greater dynamism of our job market and its capability to attract investments and create jobs,” remarked Rosa Dávila.
Youth Employment
The number of unemployed individuals under 25 years has seen a drop of 8.89%, with 354 fewer young people now classified as unemployed, resulting in a total of 3,626 young job seekers. In the Canary Islands, youth unemployment has also decreased by 8.63%, equating to 833 fewer individuals. “This underlines the effectiveness of training and job initiatives targeting the youth demographic,” stated Dávila. She highlighted the significance of continuing to invest in specific programmes for this group. “Our objective is to keep providing opportunities for young people, connecting them with future industries and easing their pathway to stable and quality employment. We want them to be able to develop their professional careers here without needing to relocate.”
Monthly Changes
Regarding the monthly fluctuation in unemployment, Tenerife demonstrated a notable consistency. In January 2025, the island reported 67,677 unemployed individuals, with just a slight increase of 15 compared to December 2024 (+0.02%). In the Canary Islands overall, the number rose by 179 (+0.11%), indicating that the island has successfully managed to mitigate seasonal fluctuations.
