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Jamaica s import expenditure down 26 4%, reports STATIN
jamaicaobserver.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jamaicaobserver.com Daily Mail and Mail on Sunday newspapers.
Jamaica s import expenditure down 26 4%, reports STATIN
jamaicaobserver.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jamaicaobserver.com Daily Mail and Mail on Sunday newspapers.
Unemployment across the island jumped to 10.7 per cent for the month of October, representing an increase of 3.5 per cent when compared to the similar period of 2019.
While the country’s employment numbers were weaker for the month of October, it came in stronger than the employment performance reported by the Statistical Institute of Jamaica (STATIN) for the month of July 2020 (12.7 per cent), a sign that the economy is slowly rebounding.
Additionally, STATIN’s COVID-19 impact survey for the month of October also showed that roughly 49 per cent of Jamaicans had their incomes back at pre-COVID levels.
The largest declines in employment during the month of October came from the industries ‘Arts, Entertainment, Recreation and Other Services’, ‘Accommodation and Food Service Activities’ and ‘Wholesale and Retail Trade; Repair of Motor Vehicles and Motorcycles’.
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