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Labour Market Forum 2010 - Planning Institute of Jamaica

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formal contracts and work is usually part-time as against full<br />

time. This is the sector in which the majority <strong>of</strong> jobs occurred in<br />

the last quarter in <strong>Jamaica</strong>, the sector – defined by the IDB as<br />

the informal sector - where workers are fearful <strong>of</strong> exercising their<br />

right to union representation; where virtually no pension<br />

benefits exist; where women are discriminated against, and<br />

there is no job security.<br />

We could well see the exponential growth in the informal<br />

sector, which presently constitute about 50% <strong>of</strong> the <strong>Jamaica</strong>n<br />

economy.<br />

Under the new global economic orthodoxy <strong>of</strong><br />

greater marketization, investment patterns tend to favour<br />

capital and disadvantage labour, especially lower-skilled<br />

workers who cannot migrate easily. Forced to conform to the<br />

rules <strong>of</strong> global trade, we have seen the radical restructuring <strong>of</strong><br />

production and distribution in the <strong>Jamaica</strong>n economy that is<br />

characterized by outsourcing and subcontracting through<br />

global commodity chains.<br />

44

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