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Employment at All-Time High

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#Jamaica, August 17, 2017 – Kingston – More Jamaicans are now employed than at any other period in the country’s history.   Data from the Statistical Institute of Jamaica (STATIN) show that the number of persons securing employment peaked at a historic 1,204,800 in April 2017, which was 35,800 more than the 1,169,000 persons employed in April 2016.

The out-turn bettered the employment level of 1,187,000 in July 2016, when the country recorded the lowest unemployment figures in five years and the highest employment level for a single month since October 2008, when 1,174,500 persons had jobs.

Senior Technical Advisor at the Planning Institute of Jamaica (PIOJ), Rochelle Whyte, spoke to the continued improvement in the labour market outcomes at a recent forum hosted by the Ministry of Finance and the Public Service at The Knutsford Court Hotel in New Kingston.

STATIN data also showed that the unemployment rate fell by a further 1.5 per cent in April 2017 to 12.2 per cent relative to April 2016.   This translated into a reduction in the number of persons who were unemployed from 184,900 in April 2016 to 166,700 in April 2017.   These positive indications for the labour market are a significant improvement over the period October 2008 to July 2011 when more than 90,000 jobs were lost, stemming from the impact of the global economic crisis.

With respect to employment by industry, 11 of the 16 industries recorded higher levels of employment between April 2016 and April 2017.   Notable is Real Estate, Renting and Business Activities, which captures part of business process outsourcing, increasing by 9,700 to 85,600 persons.

Increases were recorded for Agriculture, Forestry and Fishing, up 6,700 to 211,500 persons; Wholesale and Retail Repair of Motor Vehicles and Equipment, up 4,500 to 230,800 persons; Transport, Storage & Communication, up 4,500  to 75,200 persons.   Of the total employed labour force, the number of males securing work moved from 659,700 to 670,400, while the number of employed females also increased from 512,400 to 534,400.

Mrs. Whyte is attributing the positive labour market trends to the ongoing implementation of economic reform measures by the Government.   She cited, among other things, business environment reforms; implementation of strategic investment projects; development of new industries; and a general improvement in Jamaica’s overall macroeconomic stability.

Mrs. Whyte said these out-turns now position Jamaica “above that pre-(financial) crisis level with respect to employment”.

She further argued that Jamaica’s economic fundamentals continue to improve consequent on ongoing implementation of economic reform measures by the Government.

In addition to the increasing employment levels, the positive economic out-turns are reflected in declining inflation that fell to a 50-year low of 1.7 per cent in 2016, bringing the figure closer to that of Jamaica’s main trading partners, such as the United States, and which the Government expects will range between four and six per cent for the 2017/18 fiscal year.   The debt to gross domestic product (GDP) ratio is also significantly lower.

Mrs. Whyte said these out-turns “augur well for our competitiveness and also protect the most vulnerable from reduced purchasing power”.   She noted that while the PIOJ forecasts medium-term growth ranging between two and three per cent, “if the Government can efficiently implement its strategic priorities and with support from the private sector, then the rate of growth can be above these baseline projections”.

Meanwhile, Principal Director for the Fiscal Monitoring Unit in the Finance Ministry, Trevor Anderson, concurred that the improved employment levels reflect ongoing improvements in the economy.

He also cited increasing net international reserves, slowed depreciation of the Jamaican dollar, accelerated growth at 1.3 per cent for the 2016/17 fiscal year, the latter of which he said “reflects the largest economic expansion since fiscal year 2007/08”.

Mr. Anderson further pointed to the positive impact of the fiscal governance policy to reducing the fiscal deficit and also the increase in the primary budgetary surplus as a percentage of GDP.

“These developments continue to positively impact business and consumer confidence, which have remained at very high levels. The Government, through prudent fiscal policy, is steadfastly committed to reducing the public debt, accelerating economic growth, and delivering a better quality of life for all Jamaicans,” he added.

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JAMAICA A STEM ISLAND – PM

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KINGSTON, April 24 (JIS):

Prime Minister, the Most Hon. Andrew Holness, has declared Jamaica a science, technology, engineering and mathematics (STEM) island with a vision of fostering innovation, driving economic growth, and empowering citizens to thrive in the global knowledge economy. 

“Through our collaborative all-hands-on-deck approach, Government, private sector, academia and civil society, we will work towards this goal. Jamaica is now officially declared a STEM island,” he said.

 

Prime Minister Holness was addressing the Future Ready International Conference held at the University of Technology (UTech) in Kingston on April 24.

As a STEM island, he said that the Government will seek to implement comprehensive education reforms from the primary to the tertiary levels, with the objective of developing a skilled workforce, capable of competing in global markets. 

He said that ecosystems will be developed to encourage startups, entrepreneurs, and innovators in the STEM disciplines to drive industry and economic growth, as well as to address social issues.

“We will encourage the growth of STEM industries such as biotechnology, information technology and advanced manufacturing. We will also leverage STEM to grow and monetise the musical, artistic, cultural and other natural talents of our people. We will leverage STEM solutions to address environmental challenges including climate change, renewable energy and sustainable agriculture,” the Prime Minister said.

 “We will position Jamaica as a hub for STEM research, innovation, collaboration and other developments in the Caribbean and beyond,” he added. 

The Prime Minister said that by embracing STEM as a national priority, Jamaica will unlock its full potential driving prosperity, peace and productivity in a sustainable, equitable way for all our Jamaican citizens and, indeed, the world,” Holness said.

CONTACT: ROCHELLE WILLIAMS

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One Nation TCI Pageant to Launches this Weekend

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Dana Malcolm

Staff Writer 

“Founded on the principles of Unity, sisterhood and community service,” is how Alicia Swann, One Nation TCI Founder, and President, describes the organization as it gears up for its inaugural showing, to be marked by a pageant and parade of nations, family fun day and cultural show. 

When Magnetic Media spoke to Swann she explained the inspiration behind the name.

“The reason why we chose ‘One Nation’ was because we wanted to ensure that all of our beautiful ladies within the Turks and Caicos feel as if they are a part of our society. Speaking with the ladies I’ve gotten the opinion that a lot of them feel as if they are in our country but they don’t actually feel fully a part of it,” she explained. With constants whose heritages span the DR and TCI, TC-Trinidadians and more the contest is showcasing the rich and diverse culture of the country.

At least two contestants flew in from the UK and the US to participate in the pageant and the event is not just an array of pretty girls.

“We’ve taken the aspects of pageantry to another level, the young ladies have a platform  based on our pillars of the organization which include education and mental health,” Swann continued “We wanted to ensure that they understand the value and importance of  having a role and voice in society.”

The contestants were all allowed to choose an area to speak on and advocate for, and the President told Magnetic Media that so far the young women are taking the challenge seriously. There are 10 contestants overall, five in the ‘Miss’ category and five in the ‘Teen’ category.

The pageant is already receiving regional recognition as the eventual winner has been invited to take part in a regional pageant in St Kitts in August, a feat which Swann says she is extremely proud of. 

In addition to that event a cultural showing, family fun day and parade of nations will be held. 

“We will be honoring people from across the Turks and Caicos, out of every island, for their lifetime achievement in terms of giving back to their society. The persons being honoured are unsung heroes. They have been active in their communities in various roles and we felt the need to recognize all of them.” Swann explained.

The Founder didn’t share the names of those being honoured, preferring to leave it a surprise but did drop hints about who would be highlighted during the event; a smiling clinic nurse in South Caicos, a Grand Turk Taxi driver committed to the island’s development, a dedicated principal from North Caicos, a shipping pioneer from North Caicos as well and a creative founder from Providenciales.

“Our company is huge on ensuring that the community is involved and a part of doing that is ensuring that persons in the community are honoured,” the president said.

Several sponsors have stepped up to the plate including 

No monetary support has come from TCIG but endorsements from both Rachel Taylor, Minister of Education, and Josephine Connolly, Minister of Tourism, have been shared and the girls are currently undergoing intense training with a pageant coach in preparation for their big night.

Swann is hoping that once the community has a chance to see what One Nation TCI is doing they’ll understand the importance of the events, 

“We are a diverse culture and society and– we want people to understand the importance of diversity, supporting our young ladies and empowering them so they can see they have a role in the Turks and Caicos– The more we offer our young ladies [the more] we are able to retain that talent. Once they feel empowered the sky’s the limit.”

The Pageant and Crowning will be on the 25 and 26th of April while the parade and family fun day will be held on the 27th.

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Agriculture Ministry Providing Two Water Trucks to Serve St. Elizabeth and St. Catherine

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#Kingston, Jamaica, April 24, 2024 – The Ministry of Agriculture, Fisheries and Mining is to unveil two more water trucks this week, which will be used to service communities in St. Elizabeth and St. Catherine.

Portfolio Minister, Hon. Floyd Green, made the disclosure during Wednesday’s (April 24) post-Cabinet press briefing at Jamaica House.

He also informed that of the $90 million earmarked to support farmers being impacted by the current drought, the Ministry will be providing additional support for storage and drip-irrigation systems.

“So, we have targeted about 600 water tanks and about 400 12-millimetre drip irrigation hoses, and that distribution has already started. Additionally, we have earmarked about $8 million to really help with our livestock farmers,” Mr. Green said.

“We know the difficulty that you’re facing now in this time; [it’s] very hard to get the right nutritional support for your animals. As such, we will be providing some hay, and we will [also] provide some trucking of water to you. Again, our livestock farmers, if you are in need, please contact the Rural Agricultural Development Authority (RADA) and let us see how we can help in these times,” he further stated.

Mr. Green also encouraged farmers to download the RADA App, so that the Agency can “help guide you, not only in relation to what is happening on the rainfall side, but also in relation to your integrated pest management”.

“We do see some increases of certain types of pests during this time, and it’s important that our farmers are paying attention to that. It’s also important that you’re taking drought management seriously [by undertaking] soil mulching, looking at planting drought-tolerant crops, timely harvesting, implementing land husbandry treatments and contour ditches,” he stated.

Contact: Latonya Linton

Release: JIS

 

Photo Caption: Minister of Agriculture, Fisheries and Mining, Hon. Floyd Green, speaking during Wednesday’s (April 24) post-Cabinet press briefing at Jamaica House.

 

Donald De La Haye Photo

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