Unemployment rate rises to 13.7 per cent

Latest statistics show that the unemployment rate has increased to 13.7 per cent.

The Statistical Institute of Jamaica (STATIN) says this is an increase of 0.9 percentage points when compared with October 2011.

The data is contained in the Labour Force Survey which was undertaken by STATIN in October 2012.

According to STATIN the total employed labour force fell by 700 persons when compared to October 2011.

It says up to October 2012 the employed labour force stood at 1,088,200.

STATIN says the survey shows that the largest declines in employment levels were recorded in the Construction, Wholesale and Retail, Motor Vehicle and Equipment and Manufacturing sectors.

It noted that these declines were partially mitigated by higher employment levels in Agriculture and Hotels and Restaurant Services.

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