CARIBBEAN: Grenada’s unemployment rate declines

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CARIBBEAN: Grenada’s unemployment rate declines

GIS (Grenada) – A labour survey done in October last year showed a drop in unemployment rate from 32.5% in 2013 to 28.9% in 2014.

Officials also report that wholesale and retail sectors continue to employ the most people.

“The sectors that showed increase were education, agriculture, forestry, fisheries,” said Timon Charles, senior statistician / central statistical office, Ministry of Finance.

“We also saw an increase in the health sector and public administration and defense sector.”

Assistant Statistician Rachel Jacob has reported that the highest unemployment rate was among persons between the ages of 15 to 24.

Government’s share of employment rose from 19.1% in 2013 to 24.4% in 2014 largely because of the Imani Programme.

Of the 3517 persons interviewed in the survey, 1795 were males and 1722 females.

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2 COMMENTS

  1. HOPING FOR A SIMILAR DROP IN THE UNEMPLOYMENT RATE IN ST.LUCIA AND BY EXTENSION THE REST OF THE OECS.
    WE USE THE SAME EC DOLLAR SO WHAT HAPPENS IN GRENADA, ST.VINCENT, DOMINICA ETC IS OF DIRECT INTEREST TO US.

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