The neighbourhoods of La Concha and El Cable in Arrecife lead employment in the Canary Islands
La Concha, with 3.2% unemployment, and El Cable, with 4.9%, have the lowest unemployment rates in the Canary Islands, according to Istac.
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Cuesta Piedra, San Pío X and Barrio Nuevo exceed 27% unemployment, doubling the regional average of 13.3%, according to Istac.
La Concha, with 3.2% unemployment, and El Cable, with 4.9%, have the lowest unemployment rates in the Canary Islands, according to Istac.
La Palma reduces mortgage decline from 13.6% to 1% in May, according to ISTAC, confirming a widespread rebound in the Canary Islands.
La Palma records the largest drop in cement sales in the Canary Islands in the first half of 2026, with a decline of over 7%, according to ISTAC.
Canary Islands earns €395 million in tourist accommodations in June, 5.3% more than in 2025, with employment exceeding 74,500 despite a 1.8% drop in overnight stays.
A study reveals that La Palma's tourism marketing model causes a loss of 3.4 to 4.8 million euros annually due to international platform commissions.