Palma
Unemployment in Palma falls to 3.73%, the lowest rate in 20 years
Palma's unemployment rate in June was 3.73%, the lowest in 20 years, with 292,303 registered with Social Security, a record for the month.
Economy
Latest Economy news
11 articles
Palma de Mallorca
Local product vouchers generate nearly 1.8 million in sales in Mallorca
The second edition of local product vouchers has generated €1.78 million in sales in the Balearics, with 83,419 vouchers redeemed and a 91.74% response.
Lloseta
Lloseta opens SOIB aid call for hiring qualified staff
The BOIB publishes the SOIB call for self-employed and companies with up to 9 workers. Aid covers labour and management costs for the first year of contracts.
Palma de Mallorca
The Government links the rise in unemployment in the Balearics to 587 regularised migrants without training
The Balearic Government attributes July's unemployment rise (4.96%) to 587 regularised migrants, 90.8% of whom are unemployed.
Palma
PalmaActiva maintains 100% occupancy for entrepreneurs in the first half
PalmaActiva's Business Centre hosted 31 companies and 40 entrepreneurs in the first half of 2026, with 100% occupancy.
Comarca de Ponent
The Bons Illes Balears 2026 Generate €11.5 Million in Sales in the Balearics
The Bons Illes Balears 2026 campaign concludes with €11.5 million in sales and a return of €3.2 for every euro invested.
Comarca de Ponent
Property sales in the Balearics plummet by 16.8% in May, the largest national decline
Property sales in the Balearics drop by 16.8% in May, the largest decline in Spain, according to the INE. Used homes weigh down the Balearic market.
Manacor
Rafa Nadal sells 44.9% of his academy in Manacor to a fund for international expansion
Rafa Nadal sells 44.9% of his academy in Manacor to GPF Capital to finance international expansion. The former tennis player retains control of the project.
Palma
CAEB demands AENA improve management of Palma airport to prevent congestion
CAEB urges AENA to enhance Palma airport management to avoid peak hour congestion. €600 million works are nearly finished.
Comarca de Ponent
Absenteeism in Mallorca's hospitality sector nears 12% as employers call for more protection
Absenteeism in Mallorca's hospitality sector reaches 12%, according to CAEB. Employers report many workers don't show up on their first day and seek more legal protection.
Comarca de Ponent
Konfekoop plans to create 120-140 cooperatives annually in the Basque Country
Konfekoop plans to create between 120 and 140 cooperatives annually in the Basque Country, which already has over 1,400 companies of this model.