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Island of May Signs City Day Between Structural Challenges and Tourism Potential
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With a contribution of 1.2 percent (%) to the national Gross Domestic Product (GDP), May faces difficulties in employment, connectivity and economic dynamics, with the youth unemployment rate to be in the 25.4%.Data from the National Institute of Statistics (INE) indicate that the island has still experienced a population decline of 8.9% in the last decade, with currently about 6,330 inhabitants, scenario also associated with the exit of young p…
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