Share This On:
Unemployment is one of the major issues that continue to affect Saint Lucia, and despite efforts to curb this problem, youth employment remains the highest.
Prime Minister Dr. Kenny Anthony provided brief statistics on the employment situation on the island, while revealing that youth unemployment elevated to an estimated 44.0 percent.
Dr. Anthony said this is a reflection of underlying structural impediments of the labour market and the education system.
“Clearly, we have a long way to go, but I am relieved that we are beginning to see a gradual reduction in unemployment as I had predicted some time ago,” he explained.
But while youth unemployment continues to a major issue, the Prime Minister said that the overall rate of unemployment fell from 25.0 percent in the second quarter to 23.5 percent in the third quarter of 2015.
“In this period, the Department estimated that over 3,000 persons gained employment,” he stated.
According to him, these latest employment figures produced by the Department of Statistics provide cause for optimism.
The Prime Minister was heavily criticized for not producing these figures in his 2015 address.