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Labour Market Forum 2010 - Planning Institute of Jamaica

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<strong>Jamaica</strong>’s <strong>Labour</strong> <strong>Market</strong>: Selected Indicators (2007- 2009)<br />

Indicators 2007 2008 2009<br />

Population 2.68M 2.69M 2.70M<br />

Population 25-54 1.09M 1.11M 1.12M<br />

Economically Inactive 192,000 172,800 196,200<br />

Economic Inactivity Rate 18% 16% 16%<br />

<strong>Labour</strong> Force 1.277M 1.300M 1.271M<br />

LF Participation Rate 64.9% 65.4% 63.6%<br />

Employed <strong>Labour</strong> Force 1.15M 1.162M 1.126M<br />

Elementary Occupational Emp. 173,0001 63,000 144,700<br />

Elementary employment rate 15% 14.1% 12.8%<br />

Part-time employment 148,300 141,300<br />

Youth Unemployment (14-24) 49.000 49,800 46,700<br />

Youth Unemployment Rate 23.7% 25.9% 27.1%<br />

Long-term unemployment<br />

long-term unemployment rate<br />

Own Account Employment 384,000 401,100 415,100<br />

Own Account Employment Rate 33.4% 34.5% 36.9%<br />

Income Inequality (Gini<br />

Coefficient)<br />

0.38 0.38 0.37<br />

72

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