The Unemployment rate in Jamaica has increased by 3.5 percentage points between October 2019 and October 2020 to leave 10.7 per cent of Jamaica’s labour force unemployed. The figures were revealed by the the Statistical Institute of Jamaica (STATIN) which further noted that the labour force declined by 51,500 or 3.8 per cent over the year.
The growth in unemployment numbers, comes against a decline in the number of Jamaicans falling in the employed labour force category.
Over the month of October, Jamaica’s employed labour force was 1,155,800, a decrease of 92,600 or 7.4 per cent compared to 1,248,400 persons in October 2019.
The largest declines were in the industries Arts, Entertainment, Recreation and Other Services, Accommodation and Food Service Activities and Wholesale and Retail Trade; Repair of Motor Vehicles and Motorcycles.