Unemployment Remains Low

• The Statistical Institute of Jamaica (STATIN) is reporting that the country’s unemployment rate remains at an impressive low of 7.3%, based on the January 2020 Labour Force Survey.
• Director General, Carol Coy, says the out-turn is 0.7% lower than the rate of 8.0% recorded in January 2019, and just 0.1% above the out-turn for the October 2019 survey.
• The number of employed females rose by 19,600 or 3.5% to 578,800, while the figure for males climbed by 16,800 persons or 2.5% to 690,300.
• The overall labour force jumped by 29,300 persons or 2.2% to 1,369,500 persons, with the number of males increasing by 16,700 to 733,700, and the female complement moving by 12,600 to 635,800. 

 (Source: JIS)