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2020 December 10 | Channel5Belize com

Unemployment rate at 13 7% in September 2020, COVID to blame

Preliminary results from the most recent Labour Force Survey (LFS) done by the Statistical Institute of Belize (SIB) reveal that, for the month of September 2020, the national unemployment rate was 13.7%. For this round of the survey, there were revisions for the definition of a number of words including “employed”, “unemployed”, and “underemployed”. These revisions, according to the SIB, were done in accordance with a resolution of the 19th International Conference of Labour Statisticians (ICLS). As a result, the September 2020 LFS will now serve as a benchmark for future LFSs. Having been conducted during the ongoing COVID-19 pandemic, this round of the LFS also measured the impact of the pandemic on the labour force.

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