#Kingston, July 23, 2019 – Jamaica – International Monetary Fund (IMF) Resident Representative, Dr. Constant Lonkeng Ngouana, says the reduction in Jamaica’s unemployment rate to 7.8 per cent is a “tremendous achievement”.
Noting
that the rate was approximately 16.3 per cent at the start of Jamaica’s current
engagement with the organisation in May 2013, Dr. Ngouana contends that “more
than halving this in six years is very significant”. He was commenting on the results of the
Statistical Institute of Jamaica (STATIN) April 2019 Labour Force Survey, which
were outlined during the agency’s recent quarterly briefing at The Knutsford
Court Hotel in New Kingston.
Richard Pandohie
STATIN
reports that the 7.8 per cent out-turn is two percentage points lower than the
9.8 per cent recorded for the corresponding period last year, and 0.2 per cent
lower than the January 2019 out-turn.
The
number of unemployed persons as at April fell by 25,900, or 19.7 per cent, to
105,900 relative to 2018.
Correspondingly,
the overall employed labour force increased by 29,900 persons or 2.5 per cent
to 1,244,500, with the total labour force rising to 1,349,900 persons, some
4,000 more than 2018.
Dr.
Ngouana argues that the level of reduction in unemployment recorded thus far “is
not something that happens very often” in countries experiencing the extent of
economic challenges Jamaica faced.
“The
trend in the world has been that economies, after their crises, tend to have
jobless recoveries,” he notes.
The IMF Rep says in Jamaica’s case, the opposite has been occurring, where, while growth may not yet be at the desired level, a significant number of jobs are being created. Meanwhile, there is heightening stakeholder anticipation of further reduction in unemployment.
Jamaica
Employers’ Federation (JEF) President, David Wan, describes the latest figures
as “very positive”, citing activities in construction and business process
outsourcing (BPO) among the main drivers of job growth for the period.
“On the
whole, it seems like it [unemployment reduction] will continue, because we keep
hearing announcements of new projects coming on stream [particularly in]
construction,” he tells JIS News, pointing
to the potential for further job growth, particularly in tourism.
Mr. Wan
is of the view that these and other engagements will dovetail into the economic
growth figures, which rounded out at 1.7 per cent for the first quarter of the 2019
calendar year, between January and March, and 1.9 per cent for the 2018/19
fiscal year. He says regularisation of the informal or
“underground” economy will be a significant contributing factor to the out-turn
for job and economic growth.
“The
multilateral institutions have always said that there is a significant portion
of the Jamaican economy that is not being reported because of underground
activities. So I think it will contribute to the growth [of] jobs in particular.
I believe job creation may be a better proxy for the growth of the economy than
the gross domestic product (GDP) numbers,” the JEF President adds.
Newly elected
Jamaica Manufacturers and Exporters’ Association (JMEA), Richard Pandohie, says
further reduction in employment is cause for celebration. He, too, points to the construction and BPO
sectors as the main areas generating the growth in jobs and driving down
unemployment.
“We have
to laud more Jamaicans being put to work… that’s a good thing. What we have to ensure,
however, is that we are creating a sustainable model for that because
activities like construction won’t go on forever. So we have to make sure our
people are being trained to take on more value-added jobs… we have to make sure
we have a plan in place to move employees up the job value chain,’ Mr. Pandhoie
adds.
Jamaica
Chamber of Commerce Director, Warren McDonald, describes the latest
unemployment figures as “encouraging” and in keeping with overall economic
growth.
“I think
the rate, at 7.8 per cent, is a big improvement… and is reflective of the
confidence indices, which are still high and indicate that people are still
willing to invest in Jamaica, thereby creating more jobs,” he tells JIS News.
Mr.
McDonald argues that most persons and businesses would be “reasonably
satisfied” with the latest out-turns in growth and job creation, with
expectations of further improvements.
“I
anticipate that economic growth will improve and unemployment to further
decline, consequent on heightened activities in several sectors, including the construction
and BPO sector,” he adds.
By Douglas McIntosh
Release: JIS
Photo Captions:
Header:Jamaica Employers’ Federation (JEF) President, David Wan.
Insert: Jamaica Manufacturers and Exporters’ Association (JMEA) President, Richard Pandohie.
How Venezuelan farmers are learning to grow and live with a devastating plant disease
In the fields of Venezuela, where the banana has been for generations a symbol of sustenance and tradition, a shadow fell across the land. In 2023, Venezuela’s National Institute of Integral Agricultural Health (INSAI) declared a phytosanitary emergency: the fungus Fusarium Tropical Race 4 (TR4) (Fusarium oxysporum f. sp. cubense tropical race 4; syn. Fusarium odoratissimum) had arrived in producing areas in the states of Aragua, Carabobo and Cojedes.
This fungus, considered a devastating disease of banana and plantain (Musaceae) trees, can remain in the soil for more than two decades, threatening production and the lives of those who depend on it.
In the state of Aragua in the north of the country, the Renacer community had been growing bananas and plantains on 20 hectares since 2018. Then Fusarium arrived.
“When the disease hit, the entire plantation began to deteriorate. We refused to ‘die’ with the trees because that was our livelihood. The visits of INSAI confirmed that we had to chop down the banana trees. I cried a lot because I had worked with my banana trees for years,” recalls woman farmer, Lesbia Margarita García, with a broken voice.
In response, INSAI implemented measures to eliminate the affected plantations and improve the soil health by changing to other crops that allow agricultural production to recover. The Food and Agriculture Organization of the United Nations (FAO) offered assistance by providing corn seeds, tools, biosecurity inputs and training, with teams of experts helping farmers to start again.
“Planting corn, thanks to the INSAI-FAO programme, gave us a harvest that benefited everyone. We have been improving the soil,” says Lesbia Margarita with a smile. “Now we rotate crops, observe soil health and have learned how to use natural fertilizers. Expert assistance has been key.”
The pilot project works directly with affected producers in high-risk areas, promoting alternative crops such as cereals and vegetables, delivering inputs and tools to mitigate damage and applying biosecurity measures for safe and effective containment.
“Beyond the corn received, we have already planted cassava, chili peppers, beans and pumpkin. We hope that by the end of the year [2025] we will be diversified and that each season we will have something to sell. These lands do not give up,” says Lesbia Margarita with conviction.
The Renacer community is beginning to see fruits. Their products are reaching local markets, generating income and rebuilding their livelihoods.
Key actions to manage Fusarium TR4 are ongoing, including regular monitoring, continuous training, inter‑institutional coordination, updates to the national plan, information campaigns and producer impact assessments. INSAI is sustaining regulatory, surveillance measures and training —with FAO support—as part of a comprehensive long‑term strategy.
At the global level, FAO supports awareness raising, capacity building and international collaboration in the fight against Fusarium TR4 by facilitating the World Banana Forum and its Global Network on TR4.
“The objective is for countries to strengthen their operational and technical capacity, articulating actions between the public sector, the private sector and family farmers,” says Raixa Llauger, FAO Agriculture Officer in Mesoamerica. “FAO and local partners have promoted this approach in Venezuela.”
As an essential part of the activities, a comprehensive training programme was developed with activities that taught farmers how to identify the disease contain it and protect crops. In addition, FAO has distributed laboratory equipment, biosecurity tools and a multispectral drone to INSAI. Drones are an efficient and cost‑effective tool for phytosanitary surveillance, offering rapid, high‑resolution monitoring and early detection of plant pests and diseases.
Overall, the project strengthened biosecurity measures against the Fusarium fungus through the adoption of the National Action Plan and the establishment of partnerships with national and international institutions. In addition, the pilot initiative supporting smallholder farmers in key production areas and a nationwide awareness campaign with broad outreach improved surveillance, diagnosis and phytosanitary response capacities across the country.
MIAMI, Florida — Emotional testimony from Martine Moïse, the widow of assassinated Haitian President Jovenel Moïse, has given jurors in a U.S. federal courtroom a chilling account of the night gunmen stormed the presidential residence and killed the country’s leader.
Martine Moïse took the stand this week in Miami as part of the ongoing trial of several men accused of helping plan and finance the July 7, 2021 assassination, a crime that plunged Haiti into political crisis and remains only partially solved.
She told the court that armed men forced their way into the president’s private home in the hills above Port-au-Prince during the early morning hours, firing multiple shots at her husband while she lay beside him. She testified that she was also wounded in the attack and survived by pretending to be dead until the gunmen left the room.
According to prosecutors, the plot involved a group of foreign mercenaries, including former Colombian soldiers, along with Haitian and Haitian-American suspects. Investigators say some of the men believed the mission was to detain the president, but the operation turned into an assassination.
The Miami trial is focusing on the alleged role of South Florida businessmen and others accused of organizing or financing the plan, part of a wider international investigation that has stretched across several countries.
More than four years after the killing, the question of who ultimately ordered the assassination remains unanswered, with suspects still in custody in both Haiti and the United States as the case continues to unfold.
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CARIBBEAN — Jamaica has become the 13th CARICOM member state to accede to the African Export-Import Bank Establishment Agreement, further strengthening economic ties between Africa and the Caribbean.
The development was confirmed during the 50th CARICOM Heads of Government Meeting, where an Afreximbank delegation led by George Elombi and Kanayo Awani met with Jamaica’s Prime Minister Andrew Holness to advance cooperation.
Prime Minister Holness thanked the bank for its support following Jamaica’s recent hurricane, noting that Afreximbank financing helped restore critical infrastructure including water, electricity, sewage systems and roads, while also assisting reconstruction efforts aimed at building stronger resilience to future disasters.
The meeting also focused on broader development opportunities tied to Jamaica’s membership in the agreement. Discussions included rebuilding and modernising infrastructure such as railways, hospitals and other public facilities, while strengthening regional transportation and trade networks to improve the movement of people and goods across the Caribbean.
Afreximbank has been expanding its presence in the Caribbean as part of its strategy to connect Africa with the region often referred to as “Global Africa.” The bank has already committed billions of dollars in financing and trade support to Caribbean economies in recent years, including funding for infrastructure, trade facilitation and private sector investment.
By joining the agreement, Jamaica gains expanded access to Afreximbank’s financial instruments, technical support and trade networks designed to promote commerce between Africa and CARICOM states.
Regional leaders say the growing partnership could unlock new opportunities in areas such as trade, logistics, tourism, manufacturing and cultural exchange, strengthening economic cooperation between the two regions with deep historical and diaspora ties.
Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.