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  • The Statistical Institute of Jamaica (STATIN) is reporting a decrease of 3.3 per cent in the unemployment rate for April 2014.
  • STATIN says the unemployment rate for April 2014 was 13.6 per cent, compared to 16.3 per cent in April 2013.
  • The latest Labour Force Survey compiled by STATIN also shows that the unemployment rate among youth aged 14 to 24 years old has decreased by 4.9 percentage points from the 38.5 per cent in April 2013.

The Statistical Institute of Jamaica (STATIN) is reporting a decrease of 3.3 per cent in the unemployment rate for April 2014.

STATIN says the unemployment rate for April 2014 was 13.6 per cent, compared to 16.3 per cent in April 2013.

The latest Labour Force Survey compiled by STATIN also shows that the unemployment rate among youth aged 14 to 24 years old has decreased by 4.9 percentage points from the 38.5 per cent in April 2013.

A further breakdown of the unemployment figures for youth show a 26.2 per cent unemployment rate for males compared to 43.9 per cent for females.

The Institute notes that there was an increase in the number of employed persons for the April 2014 quarter, with the number increasing by 25,700 or 4.8 per cent, when compared to the corresponding period last year, which saw the employment figure at 1,107,300.

Of the 25,700 persons added to the work force, females accounted for 14,400 (3.0 per cent), while 11,300 were males, an increase of 1.8 per cent over last year.

The report outlined that the employment rate for the April 2014 period was 86.4 per cent. This was an increase of 2.7 per cent over the 83.7 per cent recorded in April 2013.

It also noted that more persons were employed in elementary occupations. This number increased to 159,900 persons, moving from 141,700 in April 2013.

Increases were also observed in the number of persons being employed as professionals, senior officials and technicians. The figure increased from 241,900 persons in April 2013 to 251,700 persons in April 2014.

The largest decline in employment for the period was in the Craft and Related Trades Workers occupations. The employment figure went down from 139,300 in April 2013 to 134,700 in April 2014, resulting in a decline of 4,600 persons.

The occupations which recorded the most growth were those in Hotels and Restaurant Services, and Transport, Storage and Communication. The number of persons employed in Hotels and Restaurant Services increased by 9,100 persons; while 7,300 more persons were employed to Transport, Storage and Communication.

The Labour Force Survey is conducted by STATIN and is produced every quarter using the population census data to derive estimates. The reference week for this latest production was March 23 to 29, 2014.