Sharp slowdown in job creation: a worrying situation for La Reunion’s economy
3,700 jobs created on La Reunion Island in 2023, compared with 5,800 in 2022 and 14,000 in 2021
At the presentation of the latest CEROM (Comptes économiques rapides pour l’Outre-mer - Rapid Economic Accounts for Overseas France - produced by INSEE, AFD and IEDOM - Editor’s note), a slowdown in economic growth was noted for La Reunion Island. GDP for 2023 stood at 23.2 billion euros, up 1.7% in constant euros. This relative stagnation has repercussions on employment.
In 2023, salaried job creation in La Réunion continued to slow for the second year running. Only 3,700 jobs will have (…)