Less companies, more jobs
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.