CEO: Trending Unemployment Great Show Of Jamaica’s Resilience

KINGSTON, 19 October, 2022 — The fact that Jamaica’s unemployment and employment figures have consistently improved over the past two years is a tremendous show of the country’s resilience in the face of unprecedented economic turmoil, says CEO of a regional recruitment service.

Caribbean Employment Services Inc. is a market-leading digital talent acquisition service that aims to connect the top talent from the Caribbean with hiring managers, HR professionals and decision-makers in companies both within the Caribbean as well as abroad. Further, it aims to provide the region’s jobseekers and those who are already employed with news and resources related to Caribbean labour. As such, it has closely monitored and noted developments related to the labour forces of various Caribbean nations.

Joseph Boll, Caribbean Employment Services Inc. CEO, says, “Like many neighbouring nations, Jamaica was hit hard by the pandemic, particularly its impact on tourism. Earlier projections by international economic organizations expected the Caribbean to struggle well into 2024 at the very earliest.

“But, some nations have recovered very quickly. Jamaica is one of those, and has been seeing steady improvements that show its ability to bounce back much faster than anticipated. Just a few weeks ago, some 600 Jamaicans were hired for a newly launched office; and just before that, hundreds more were hired to work for cruises.”

According to the CEO, even before STATIN’s official report, the telltale signs of bright job prospects were present. This, he says, is a trend his organization is looking forward to continuing.

In its most recent labour force survey, the Statistical Institute of Jamaica (STATIN) reported that employment increased by 4.4 percent from July 2021 to July 2022; while the unemployment rate decreased by 1.9 percentage points. Further, women saw the biggest increase in employment as compared to men, accounting for 79.2 percent of the increase in the employed labour force.

Interestingly, the jobs that saw the biggest increases in employment were “Clerks” and “Service Workers and Shop and Market Sales Workers”. In terms of industry group, “Real Estate, Renting and Business Activities” took the lion’s share. These results align with earlier predictions by Boll and other regional business leaders that the services industry would largely drive job growth in Jamaica in a post-COVID environment.

Boll says, “Businesses that want to stay ahead of the pack can leverage online talent acquisition services like those offered by Caribbean Employment Services Inc. as this explosion of jobs continues.”

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About Caribbean Employment Services Inc. Caribbean Employment Services Inc., based in Barbados, is one of the market-leading online talent acquisition services, specializing in helping businesses and organizations recruit the best candidates for their roles and job seekers find their ideal position. For international and national employers looking to source the best talent from the Caribbean region and from the United States into their Caribbean businesses, we offer a range of recruitment solutions, all developed to find the right candidates for their roles. Find out more at https://caribbeanemployment.com or contact hello@caribbeanemployment.com

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