New stats show joblessness down
Unemployment in Barbados has fallen.
Amid concern about job losses in the public sector, government’s Economic Affairs Division today released information showing that compared to the first quarter of this year when the unemployment rate was 11.5, it dipped to 10.5 per cent by the end of June.
It also showed the majority of those either jobless or “not actively looking for work were women, and that most Barbadians employed in the wholesale and retail business.
The statistics, which were sourced from the Barbados Statistical Service’s Continuous Labour Force Survey, said by the end of June the unemployment rate among Bajan men stood at 9.4 per cent, with 11.7 per cent of women out of work.
“In the review period, the number of persons employed totalled 127,600, of whom 66,300 were males and 61,400 were females. The total number of unemployed persons stood at 15,000, made up of 6,900 males and 8,200 females,” the statistical bulletin noted.
“In total, the number of persons in the labour force stood at 142,700, consisting of 73,100 males and 69,500 females. The number of persons not actively looking for work, hence excluded from the labour force was 71,500 persons – 28,100 males and 43,300 females,” it added.
While reporting the slight fall in unemployment, the Division’s Research and Planning Unit, pointed out that most working Barbadians, 21,700 of them, were in the wholesale and retail trade.
This was following by public administration and defense sector (12,600 workers), construction, mining and quarrying (12,400 workers), accommodation and food services sector (11,800 workers).
“Employment in the manufacturing sector reached 9,700 persons, while employment levels in education reached 7,800 persons. The administrative and support service sector and the transportation and storage sector employed 7,200 persons and 6,800 persons, respectively,” the report said.
“The human health and social work sector generated employment for 6,100 persons and … information and communication, activities of extraterritorial organisations and bodies, real estate and arts, entertainment and recreation sector provided employment for 5,700 persons.
“Employment in the finance and insurance sector stood at 5,600 persons, while employment in the activities of households as employers stood at 5,400 persons. The employment generated in the other services sector was 4,500 persons,” it added.
Other areas of employment were the professional, scientific and technical services sector (4,300 workers), agriculture, forestry and fishing (3,200 workers), electric, gas, steam, water and air conditioning supply sector (2,700 workers).