"> The Unemployment Rate In Jamaica | Jamaican Medium Jobs

The Unemployment Rate In Jamaica

This can sometimes be a little tricky. Having a better comprehension of how the unemployment rate is calculated can make things a little easier. Simply put, the unemployment rate is the percentage of the workforce of a country that is actively seeking to become employed but has not been versus the number of persons who are currently employed. This rate can rise or fall depending on changes occurring in the economy. According to information garnered from The Statistical Institute of Jamaica (STATIN), the current unemployment rate in Jamaica is 8.7%. This figure is reflective of the fourth quarter of 2018 […]
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