JAMAICA’S unemployment rate fell to a new low according to the latest findings from the April 2023 Labour Force Survey (LFS) which saw more people working now than at any other time in the country’s history. The Statistical Institute of Jamaica (Statin),which reported the data Tuesday, said the unemployment rate was 4.5 per cent.
Director general of Statin Carol Coy presenting the findings during a virtual media briefing said the latest figure was 1.5 percentage points lower than that for the comparable period of 2022. It also ranks below the last reported July unemployment rate, which stood at 6.6 per cent.
Due to the challenges encountered with the ongoing census/national population counting exercise which began in September 2022, a labour force survey was not done for October 2022 and January 2023.
https://www.jamaicaobserver.com/business/unemployment-dips-to-historic-low/
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