8,100 in T&T no longer have jobs

This is according to the latest data in the Labour Force Bulletin for the fourth quarter of 2014, released by the Central Statistical Office (CSO) on Tuesday.

The bulletin noted the number of employed women decreased by 9,800 or 3.7 per cent, while the number of employed men rose by 1,700 or 0.5 per cent.

“When compared to the corresponding quarter a year earlier, the data showed an increase of 1,000 or 0.2 per cent in the total number of employed persons in Trinidad and Tobago,” the bulletin stated.

While noting the unemployment rate for the fourth quarter of 2014 remained at 3.3 per cent, the bulletin pointed out that when compared to the same period in 2013, the rate fell by .5 per cent.

“From a gender perspective, the unemployment rate among males increased marginally from 2.6 per cent in the third quarter of 2014 to 2.9 per cent in the fourth quarter 2014; while females decreased from 4.4 per cent to 3.8 per cent during the same period.”

The bulletin added this country’s labour force registered 651,000 people at the end of the fourth quarter of 2014, representing  a decrease of 9,100 or 1.4 per cent when compared to the third quarter. 

“From a gender perspective, this decrease in the labour force was reflected among females, which fell by 12,100 or 4.3 per cent. Males, however, increased by 3,000 or 0.8 per cent.

“The overall labour force participation rate for Trinidad and Tobago fell from 62.0 per cent in the third quarter 2014 to 61.1 per cent in fourth quarter 2014. When compared with the corresponding quarter in 2013, the overall labour force participation rate decreased from 61.6 per cent to 61.1 per cent,” it added.

 



Leave a Reply

Reset password

Enter your email address and we will send you a link to change your password.

Get started with your account

to save your favourite homes and more

Sign up with email

Get started with your account

to save your favourite homes and more

By clicking the «SIGN UP» button you agree to the Terms of Use and Privacy Policy
Powered by Estatik
error: Content is protected !!