THE President of the Balearics, Jose Ramon Bauza, was busy tweeting how pleased he was with the fact that 455 new jobs were created in the Balearics last month as unemployment continues to fall in the region.
I too am pleased for the 455 people who managed to land a job, I just hope that come the end of the summer season, they are not thrown back on the heap of jobless.
As usual, the unions are skeptical and so they should be.
Considering the Balearics relies on tourism and all things related to tourism, I am surprised so few jobs were created last month as the region headed into the very peak of the summer season.
Considering the magnitude of the tourist industry in the Balearics and across Spain, the number of people registered as unemployed only fell month-on-month by 29,841 people, or 0.67 percent, to 4.42 million in July - somewhat inferior when compared to the millions of holiday makers coming to Spain this summer and Spaniards holidaying at home.
What is quite clear is that employers still lack the confidence to create new jobs and despite the government having proclaimed that the country is out of recession, the reality is that few people either believe it or see it.
Even consumer confidence has taken a knock which will mean less money moving on the high street and therefore, even more nervous employers and a possible spike in the number of people out of work come the end of summer.
Editorial: Biggest test yet to come
05/08/2014 00:00
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