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MYR ASESORES | The labor cost had an annual increase of 3,1% in the Canary Islands in the third quarter of 2025
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16 Dec The labor cost had an annual increase of 3,1% in the Canary Islands in the third quarter of 2025

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias By economic sectors, labor costs were €2,801.48 in the industry, of €2,683.68 in the
construction and €2,620.78 in the services sector. in construction, labor cost increased by
one year one 7,8%, mientras que, in the other sectors, The annual increase in cost was 3,4% en
industry and 2,8% in services.

Per effective hour of work, the labor cost in the Canary Islands amounted to €20.79, being the salary part
from €14.93.

Source:: Noticias Económicas de Canarias

      

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