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MYR ASESORES | The labor cost had an annual increase of 3,7% in the Canary Islands in the fourth quarter of 2025
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17 Sea The labor cost had an annual increase of 3,7% in the Canary Islands in the fourth quarter of 2025

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias By economic sectors, labor costs were €2,947.64 in the industry, of €2,973.86 in the
construction and €2,786.81 in the services sector. in construction, labor cost increased by
one year one 5,9%, mientras que, in the other sectors, The annual increase in cost was 1,2% en
industry and 3,7% in services.

Per effective hour of work, the labor cost in the Canary Islands amounted to €22.01, being the salary part
from €16.14.

Source:: Noticias Económicas de Canarias

      

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