Labour Market Forum 2010 - Planning Institute of Jamaica

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Where are the future job opportunities? Hospitality There has been a massive expansion in the number of hotel rooms over the last five years especially by the new Spanish hotels, the over US$200 million dollar development of Falmouth, and the new Montego Bay Convention Centre open up opportunities for new attractions. For example, the town of Falmouth will be welcoming mega cruise ships, each with over 5,000 guests plus crew, on a weekly basis. These are people with dollars to spend who are looking for goods to buy and things to do on shore. Community Tourism offers other opportunities, as many travellers want to experience the “Real Jamaica” by participating in activities that Jamaicans engage in. Creating clean, orderly communities with will drive this development. Jamaican nurses and doctors have a world-renowned reputation and this can be leveraged into Health Tourism. India 104
has already become a major player in this sector and one Indian group is already exploring a large development in Cayman. Jamaica offers lower costs, a larger pool of trained personnel, and other competitive advantages in this area that need to be capitalized on. Retirement Communities for English-speaking North Americans are a fast developing area in Panama, Costa Rica, the Dominican Republic and Mexico. The aging U.S. and Canadian populations suggest that the demand for safe, affordable living in a warm, hospitable country with easy access to good healthcare will continue to grow. Jamaica has distinct advantages and needs to get on board. Construction There is a great need for infrastructure rehabilitation and development. The improvement of Jamaica’s roads, housing, sewerage, water supply, shoreline and reefs, and watersheds will create jobs and improve the country’s economic efficiency. The US$400 million road programme planned for 2011, and the other major housing and water supply projects will directly 105
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Labour Market Forum 2010 Jobs for G
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12:00 p.m. - 12:20 p.m. Mr. Benthan
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Gladstone Anthony Hutchinson, Phd D
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Professor Rosalea Hamilton Ba (Hons
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Mr. Wayne Chen Wayne Chen is the Ch
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Mr. Benthan H. Hussey, B.A., M.Sc.
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Jamaica Producers Group, Caribbean
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Introduction In a nutshell the labo
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evenues which led to the ending of
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Despite the aforementioned challeng
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Hence, while probably a moral and n
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in the brighter promise of the futu
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As Minister of Labour with portfoli
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e-launching its Labour Market Infor
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Professional Gaps in the Labour Mar
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“Jobs for Growth: The Trade Union
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perhaps most importantly, he argued
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and the equity considerations which
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to break with the system. It is equ
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jobs, quality jobs, decent work are
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pay and productivity, important fac
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formal contracts and work is usuall
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The rise of new Keynesian thinking
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“The Role of MSMEs in Economic Ex
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Development seen as the process of
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Growth of domestic capital at a fas
Page 54 and 55: ⇒ It is this tacit knowledge that
Page 56 and 57: Traditional sector is not generally
Page 58 and 59: ⇒ Significant investment in capac
Page 60 and 61: Overview More than a Financial Cri
Page 62 and 63: Vocational and technical training/e
Page 64 and 65: A challenge to maintain the “Cari
Page 66 and 67: It is necessary to develop and publ
Page 68 and 69: Labour Productivity an Overview →
Page 70 and 71: The level of productivity, in turn,
Page 72 and 73: Jamaica’s Labour Market: Selected
Page 74 and 75: c) Time related (69,500 and 69,300
Page 76 and 77: Productivity & the Jamaican Economy
Page 78 and 79: Table 2: Annual average increase in
Page 80 and 81: Comparative Labour Statistics (Mini
Page 82 and 83: → No guiding philosophies (e.g.,
Page 84 and 85: Factors Contributing: Consistently
Page 86 and 87: Year Gini Coefficient Unit Labour P
Page 88 and 89: An Actual Performance Based Payment
Page 90 and 91: Elements of performance payments ar
Page 92 and 93: Should any 925 unit employee choose
Page 94 and 95: Policy Requirements: Data Standardi
Page 96 and 97: → In many instances, as soon as o
Page 98 and 99: The simple truth is that the Privat
Page 100 and 101: We have to also bear in mind that o
Page 102 and 103: equire to be internationally compet
Page 106 and 107: employ thousands, but more importan
Page 108 and 109: time-zone gives Jamaica an advantag
Page 110 and 111: Education and Training Many Jamaica
Page 112 and 113: - End - 112
Page 114 and 115: → → 114
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Labour Market Forum 2010 - Planning Institute of Jamaica

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