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The unemployment rate in Jamaica is approximately 6.0% (April 2022, Statistical Institute of Jamaica), with youth unemployment more than twice the national rate, albeit trending downwards (15%). However, among Jamaica's assets are its skilled labor force and strong social and governance indicators. [24]
Some of the causes of slow growth in Jamaica are a disproportionately large public sector, high crime levels, endemic corruption, strict regulation, poor judicial effectiveness, a high debt-to-GDP ratio, and high levels of unemployment. The economy of Jamaica is highly susceptible to fluctuations in weather condition, especially hurricanes (See ...
This is a list of countries by unemployment rate.Methods of calculation and presentation of unemployment rate vary from country to country. Some countries count insured unemployed only, some count those in receipt of welfare benefit only, some count the disabled and other permanently unemployable people, some countries count those who choose (and are financially able) not to work, supported by ...
August 11, 2024 at 6:07 PM. ZURICH (Reuters) - Youth unemployment worldwide last year dipped to a 15-year-low and is likely to continue falling through 2025, although weaker growth means Asia has ...
August 2, 2024 at 4:25 PM. WASHINGTON (AP) — A surprising rise in the U.S. unemployment rate last month has rattled financial markets and set off new worries about the threat of a recession ...
US economy added just 114,000 jobs last month and unemployment rose to 4.3%. What a jarring way to start the month of August. Last month’s job growth was far, far softer than expected, and the ...
3,604 [ 1] Government website. Ministry of Health and Wellness. The COVID-19 pandemic was confirmed in Jamaica on 10 March 2020. This was during the 2019–2020 dengue fever epidemic that affected Latin America and the Caribbean. On 11 January 2022, Jamaica overtook China in terms of the number of confirmed cases.
Jamaica is an island country in the Caribbean. The country had a population of 2,825,352 in 2023, the fourth largest in the region . Jamaica's annual population growth rate stood at 0.08% in 2022. As of 2023, 68.9% of Jamaicans were Christians in 2011, predominantly Protestant . A more precise study conducted by the local University of the West ...