Less com­pa­nies, more jobs

Costa Levante News - - NEWS -

By Joe Wick­man AS the num­ber of busi­nesses in Castell´ón de­creases, the amount of peo­ple work­ing and the money those that are open make is on the rise.

These seem­ingly con­tra­dic­tory facts were re­leased ear­lier this week, prov­ing that fam­i­lies who live in the prov­ince are fi­nally re­gain­ing fi­nan­cial sta­bil­ity and are no longer afraid of spend­ing their hard earned cash.

Pos­i­tive fig­ures show that shops took on 250 more work­ers in 2016 than in the pre­vi­ous year.

More­over, in the Va­len­cia re­gion as a whole, there was an in­crease of 4,000 peo­ple to the work­force, as well as sales reach­ing €23,500 mil­lion, al­most a 6 per cent in­crease in just 12 months.

On the flip­side, the num­ber of shops in Castel­lón prov­ince dropped by 175 in just one year, and by 855 since 2010.

The ex­pla­na­tion for these num­bers lies in on­line shop­ping, which is gain­ing trac­tion and al­lows peo­ple to spend the same amount of money (or more) whilst not ac­tu­ally step­ping in­side a shop.

This new trend has neg­a­tively af­fected phys­i­cal shops and has led larger busi­nesses to take a hy­brid ap­proach, of­fer­ing cus­tomers both on­line and real life al­ter­na­tives.

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