Thu | Dec 1, 2022

Jamaica's jobless rate falls to new low

Published:Friday | July 15, 2022 | 9:37 PM
The overall number of persons in the labour force in April 2022 rose by 24,900 or 1.9 per cent to 1,350,300.

Jamaica's unemployment rate fell to a new low of six per cent in April 2022, continuing the downward trajectory occurring in recent months.

The Statistical Institute of Jamaica's (STATIN) gave the update Friday based on the April labour force survey.

The April rate is 0.2 percentage point lower than the figure for January 2022.

STATIN Director General, Carol Coy, said it also represents a three-percentage point decline in the jobless rate recorded in April 2021.  

The overall number of persons in the labour force in April 2022 rose by 24,900 or 1.9 per cent to 1,350,300. 

Meanwhile, Coy indicated that the male unemployment rate fell from 7.5 per cent to 4.7 per cent, while the corresponding figure for females dropped 3.2 percentage points to 7.6 per cent.

The unemployment rate for youth, age 14 to 24, was 15.5 per cent in April 2022, an 8.6-percentage point decline compared to the same period last year.

Coy said that male youth unemployment fell six percentage points to 15.1 per cent, while the rate for females dropped from 28 per cent to 15.9 per cent.

Meanwhile, the number of employed persons who were engaged in economic activities for at least one hour during the March 20 to 26 survey reference week, increased by 5.2 per cent to 1.3 million. 

The STATIN boss said females accounted for just over one-half of the increase, 33,600 persons or 53.1 per cent.

“Female employment grew by 6.2 per cent, while male employment increased by 4.5 per cent,” she further advised.

The overall number of persons in the labour force in April 2022 rose by 24,900 or 1.9 per cent to 1,350,300.

Coy said the number of individuals, 14 years and older, outside the labour force who were classified as neither employed nor unemployed, fell by 22,600 to 746,400, compared to April 2021. 

“The number of males outside the labour force declined by 8,900, while the number of females declined by 13,700,” she further informed.

- JIS News

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