Jamaica’s historical low unemployment

The unemployment rate fell to its lowest level on record, with January 2019 unemployed falling 1.6 percentage points from 9.6 percent in January 2018 and ending at was 8 percent for the first month of 2019.
The fall in the unemployed number arose from an increase in the Employed Labour Force for January 2019 of 1,232,700, some 28,600 or 2.4 percent more than in January 2018. The largest increase in employment was in the occupation group ‘Clerks’ 12,800 or 15.8 percent, which moved to 94,000 in January 2019. Of the increase in employment in this group, females accounted for 8,300 persons.
Female employment was 3.5 percent more and males 1.4 percent than in the 2018 period, Statin data shows. The increase in employment for females was more than twice that of males. The number of employed males increased by 9,500 to 673,500 and employed females by 19,100 to 559,200.
More females were employed in the occupation groups ‘Professionals, Senior Officials and Technicians’ and ‘Clerks’. There was also an increase in the number of females employed in the industry groups ‘Hotels & Restaurants Services’ and ‘Real Estate, Renting and Business Activities’.

More females employed

Females accounted for 7,600 persons of the 7,800 persons between October 2017 and October 2018 to 261,800 persons employed as ‘Professionals, Senior Officials and Technicians’ that had the second largest increase in employment in the period in Jamaica, data from Statistical Institute of Jamaica (Statin) reported today.
The largest change in employment by industry group was in ‘Real Estate, Renting & Business Activities’ with an increase of 9,700 persons, (11.9 percent) moving from 81,700 in October 2017 to 91,400 in October 2018. Employment, however, decreased in ‘Transport, Storage and Communication’ by 7,500 persons (9.4 percent) to 72,000 over the same period.
Statin stated, “the unemployment rate was 8.7 percent in October last year and represented a reduction of 1.8 percentage points relative to 10.5 percent in October 2017”. There was an increase in the number of persons employed, particularly females in the industry group ‘Real Estate, Renting & Business Activities’
The Employed Labour Force for October 2018 was 1,219,700, 14,400 or 1.2 percent higher than in October 2017.

Lowest unemployment for Jamaica

Jamaica’s unemployment dropped to the lowest on record at 8.4 percent in July 2018, down from July 2017 when the rate was 11.3 percent. The previous lowest unemployed rate was 8.6 percent reached on October 2007 before the country economy went into contraction.
Importantly, 1,226,400 persons were employed in July this year, an increase of 12,800 above the number recorded in July 2017. Helping with the sharp reduction in the rate of employment, was a simultaneous reduction in the number of persons in the labour force to 1,338,200 persons, a decrease of 2.2 percent compared to July 2017, Statin stated in their release of the data.
The male labour force, of 723,600 persons in July 2018 decreased by 1.5 percent relative to July 2017 while the female labour force decreased by 3 percent to 614,600 persons. The number of males employed increased by 5,900 to 681,800 while female employment increased by 6,900 to 544,600.

Construction saw increased employment.

The number of persons employed in the Construction industry in July 2018 increased by 9,400 persons to 103,700, compared to July 2017. A similar increase was observed in this industry for employed males. Among employed females, Wholesale & Retail, Repair of Motor Vehicle & Equipment industry accounted for the largest increase in employment of 5,200 moving to 129,400 in July 2018.
The number of unemployed persons declined by 27.7 percent to 111,800 persons in July 2018, compared to July 2017. The number of unemployed males decreased by 28.6 percent to 41,800, while unemployed females decreased by 27.2 percent to 70,000. Unemployed youth, aged 14 to 24 years, decreased by 14,600 persons to 45,200 in July 2018.

Employment jumps 10,700 for 2018

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Employment in Jamaica jumped by 10,700 persons since the start of 2018, to 1,217,300 persons in April, and 14,700 more than the 1,202,600 recorded in April last year.
A total of 1,206,600 persons, were employed, in January 2018 this year data out of the Statistical Institute of Jamaica (Statin)shows.
The effect of the increase in the number of persons employed, is that the unemployment rate fell to 9.7 percent In April, compared to 12.2 percent in April 2017, but inched up slightly from the 9.6 percent recorded in January, this year.
“Among major occupation groups, the largest increase in the Employed Labour Force between April 2017 and April 2018 occurred in ‘Elementary Occupations’. This occupation group includes, among other jobs, car washers, street vendors and housekeepers in hotels. There were 174,900 persons employed in this occupation group in April 2018, an increase of 13,200 or 8.2 percent when compared with April 2017,” the Statin report showed.

23,000 more Jamaicans employed

More Jamaicans continue to gain employment as the economic growth gathers pace with 22,600 persons added to the employment list, an increase of 1.9 percent more persons being employed over the year to January.
The increased number of employed persons, lifted the employed in January 2018 to 1,206,600, up from 1,184,000 employed in January 2017.
Over the period, male employment increased by a mere 1,900 persons over the twelve month period to reach 664,200 in January 2018 while female employment increased by 20,700 or 4 percent to 542,400.
According to the Statistical Institute of Jamaica, the unemployment rate fell to 9.6 percent at the start of the year and is down sharply from 12.7 percent in January 2017. The lower rate of unemployment came as a result of decline in the total number of persons in the labour force and the increase in employment. In October last year the unemployment rate fell to 10.4 percent.

Unemployment in Jamaica drops to 10.4%

Unemployment in Jamaica took another fall in the latest survey, done by the Statistical Institute of Jamaica (STATIN) as 27,300 more persons gained employment over the 12 months period to October last year.
The latest data from Statin shows, the unemployment rate falling to 10.4 percent in October last year, “the lowest since October 2008,” Statin stated. According to Statin the rate of unemployment “has been trending downwards over the last decade”. The unemployment numbers are based on a Labour Force, of 1,347,600 representing a decrease of 6,500 compared to 1,354,100 in October 2016.
A total of 1,206,800 persons were employed in October 2017, representing 27,300 persons or 2.3 percent more than the 1,179,500 recorded in October 2016. Employment for males increased by 5,300 to 668,900 and for females an increase of 22,000 or 4.3 percent from 515,900 to 537,900 over the same period. The youth unemployment fell but remains high at 25.4 percent, the lowest since January 2008.
The overall unemployment rate for the country in July last year was 11.3 percent.

40,100 Jamaicans found jobs

Staff at Derrimon Trading.

Staff at Derrimon Trading.

Jamaica’s unemployment rate rose in March this year, compared with the similar period in 2015, but 40,100 more Jamaicans found work in the 2016 period than at the similar time last year, data released by the Statistical Institute of Jamaica (STATIN) revealed.
The unemployment rate decreased for men from 10.3 percent to 9.6 percent but women had a big setback with unemployment for them increasing from 16.8 percent to 18.4 percent.
The year over year change resulted in the Employed Labour Force for March 2016 was 1,168,600 up from 1,128,500 reported in March 2015 and left the Unemployment Rate for March 2016 at 13.7 percent an increase of 0.5 percentage points when compared to the March 2015 rate of 13.2 percent.
StatinAccording to Statin, “the industry group “Wholesale and Retail, Repairs of Motor Vehicle and Equipment” provided employment for the majority (253,400) of the employed persons. This industry provided employment for the majority of females (117,100) but the largest number of males (157,100) were employed in the industry group “Agriculture, Hunting, and Forestry & Fishing”.
The number of persons classified as being outside the Labour Force fell by 49,000 (6.3 percent) to 735,400 in the March 2016 survey bringing the number of persons in the Labour Force to 1,353,500, which was 53,100 (4.1 percent) greater than the 1,300,400 recorded in March 2015.

Services employed more Jamaicans

Antigua market interior

Jamaica’s unemployment rate declined in December last year, compared with the same period in 2014, as 31,400 persons more persons obtained employment than in 2014, according to data recently released by the Statistical Institute of Jamaica (STATIN).
Persons gaining employment went mostly in the Occupational group ‘Service Workers, Shops and Market Sales Workers’ with an increase of 15.9 percent or 34,700 persons, from 218,300 in December 2014 to 253,000 in December 2015, STATIN stated in their latest report on employment in Jamaica. The group ‘Elementary Occupations’ increased by 20.6 percent from 137,100 persons in December 2014 to 165,300 persons at the end of 2015.

Construction sector employed more in late 2015.

Construction sector employed more in late 2015.

The grouping ‘Clerks’ experienced a decline of 29.4 percent or 32,400 persons for the period, moving from 110,400 to 78,000.
The largest increase in the number of employed persons by Industry occurred in the groups ‘Wholesale & Retail, Repair of Motor Vehicle & Equipment’ and ‘Construction’ with an increase of 14,200 persons or 6 percent, while the group ‘Construction’ increased by 9,800 persons (12.9 percent).
Employment in the industry group ‘Agriculture, Hunting, Forestry & Fishing’ declined for the period moving from 199,600 in December 2014 to 194,000. Manufacturing suffered a decline of 5,200 persons (6.6 percent).

Unemployment edge down

From Left: Mr. Hugh Allen, Resolution Manager and Executive Director; Mrs. Natalya Petrekin, Service DeskThe unemployment rate for December 2015 for Jamaica edged down to 13.3 percent, a 0.9 percentage point decrease, compared to 14.2 percent in December 2014.
The number of unemployed persons decreased by 9,900, from 188,000 in December 2014, to 178,100 in December 2015, the Statistical Institute of Jamaica reported in April.
While the unemployment numbers decreased by just under 10,000 persons, more Jamaicans gained employment than the fall in the unemployed numbers. A total of 31,400 persons obtained employment in December 2015 over the similar period in 2014, resulting in 1,163,600 employed persons in the work force said by the STATIN to be 1,341,700 persons as of December 2015. In December 2014, a total of 1,132,200 residence in Jamaica were said to be employed.

Jamaica’s unemployment falls

Employment_jobsJamaica’s Unemployment Rate fell by 0.7 percentage point in towards the end of September but remains at a stubborn 13.5 percent of persons said to be in the workforce, a decrease from to 14.2 percent at the same time in 2014.
Over the period, the unemployment rate for males declined from 9.9 percent to 9.3 percent and for females from 19.4 percent to 18.5 percent.
The number of persons Unemployed in September 2015 was 178,600, a decrease of 7,600 compared with 186,200 in September 2014. “The largest increase in the number of employed persons occurred in the industry group ‘Hotels and Restaurants Services’ and ‘Real Estate, Renting & Business Activities’ with a total of 23,700 persons,” the Statistical Institute of Jamaica (STATIN) said.
A total of 22,600 more workers were employed compared with September 2014 bringing the total to 1,146,600 employed persons in September 2015.