Employment Fell By 3% This Year: STATIN

The Statistical Institute of Jamaica, STATIN, is reporting that the country’s unemployment rate has fallen by nearly 3% , as at April this year.

This, when compared to the same period last year.

STATIN says the unemployment rate for April this year, was 13.6 %, compared to 16.3% in April last year.

That’s a 2.7% percentage point decline.

STATIN says in the same period, the unemployment rate for males and females declined.

Over the period, the unemployment rate for men dropped 12% to 10%. For women, it moved from 21.3 % to 17.4 %

There’s also been a decrease in youth unemployment.

According to STATIN, the unemployment rate among youths aged 14 to 24 years, was 33.6 % for April this year. A decrease of 4.9 % points when compared with 38.5% percent in April last year.

The latest employment data were released today by STATIN.