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Grenada’s Unemployment Plunges


Thursday, June 25, 2015 2:06 PM - George's, Grenada
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ST. GEORGE’S, GRENADA, June 25, 2015: Grenada’s unemployment rate has fallen by 3.6 percent, the Central Statistical Division with the Ministry of Finance has announced.

A labour survey done in October last year showed a drop in unemployment rate from 32.5 percent in 2013 to 28.9 percent 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 percent in 2013 to 24.4 percent 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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