Labour Market Forum 2010 - Planning Institute of Jamaica

More documents

Recommendations

Info

c) Time related (69,500 and 69,300 in ’08 and ’09, respectively (ESSJ ‘09)) Productivity of the Jamaican Economy → “The productivity…, on average, by 1.3 per cent per annum between 1972 and 2007. This means the average worker in Jamaica has been producing less, each year, over the period.” JPC Summary Report, 1972-2007 → By my calculation, using the 1990-2000 data set, we will be producing at US$10,061 per worker in 2030, the year of expected developed status; merely $1,000 higher than the 2003 figure of US$9,080 per worker. Jamaica’s Labour Productivity has not always been low or negative The country experienced: → Annual average increases of 5.29% between 1954-1966 → Annual average increases of 5.19% per annum between 1960-1969 The question then is what happened to cause the Slide? 74
Table 1: Real GDP Per Worker (1995 International Prices) Selected Countries, 1956 - 1990 Year Barbados Canada DomRep Jamaica Singapore T & T USA 1960 6724 19484 4130 4338 5008 16901 24433 1961 7085 19316 3975 4367 5225 18375 24431 1962 7690 20050 4741 4496 5381 18034 25318 1963 7412 20581 5075 4522 5669 19190 25882 1964 7721 21354 5343 4986 5308 19975 26794 1965 8442 22245 4544 5336 5476 19331 28051 1966 8725 23145 5096 5569 5862 19470 29152 1967 9698 23294 5067 5751 6371 19721 29369 1968 10182 23973 5008 6472 7020 18620 30192 1969 11236 24746 5392 6801 7876 21356 30637 1970 12237 24906 5700 6962 8622 20468 30468 1971 12254 25534 6102 7066 10130 21930 30690 1972 12763 26264 6585 7922 11031 22358 31463 1973 12697 27426 7011 7152 12392 22480 32488 1974 12184 27740 7568 7264 12328 23005 31402 1975 12489 27350 7104 7149 13167 23008 30134 1976 12113 28241 7416 6741 13394 25051 31042 1977 12768 28268 7529 6489 13764 26562 31869 1978 12795 28704 7475 6129 14197 28757 32773 1979 13705 29191 7475 5833 14713 30047 32796 1980 13444 28725 8297 5423 15251 31070 31698 1981 13156 29481 8001 5352 16294 32071 32023 1982 12553 27733 7815 5326 16901 30767 30672 1983 12122 28376 7825 5259 17697 27971 31379 1984 12402 29980 7314 5098 18692 21974 33247 1985 12212 31147 7082 4726 17986 25529 33783 1986 13238 32037 7171 4683 18142 25222 34342 1987 14078 33196 7330 4819 19589 22461 35023 1988 14395 34521 7497 5046 21495 20928 36083 1989 14716 35069 7819 5178 23030 20130 36859 1990 34380 6898 5146 24369 19880 36771 Average 11441 26982 6496 5723 12657 22988 31009 Growth 118.9 76.5 67.0 18.6 386.6 17.6 50.5 75
Page 1 and 2:
Labour Market Forum 2010 Jobs for G
Page 3 and 4:
12:00 p.m. - 12:20 p.m. Mr. Benthan
Page 6 and 7:
Gladstone Anthony Hutchinson, Phd D
Page 8 and 9:
Professor Rosalea Hamilton Ba (Hons
Page 10 and 11:
Mr. Wayne Chen Wayne Chen is the Ch
Page 12 and 13:
Mr. Benthan H. Hussey, B.A., M.Sc.
Page 14 and 15:
Jamaica Producers Group, Caribbean
Page 16 and 17:
Introduction In a nutshell the labo
Page 18 and 19:
evenues which led to the ending of
Page 20 and 21:
Despite the aforementioned challeng
Page 22 and 23:
Hence, while probably a moral and n
Page 24 and 25: in the brighter promise of the futu
Page 26 and 27: As Minister of Labour with portfoli
Page 28 and 29: e-launching its Labour Market Infor
Page 30 and 31: Professional Gaps in the Labour Mar
Page 32 and 33: “Jobs for Growth: The Trade Union
Page 34 and 35: perhaps most importantly, he argued
Page 36 and 37: and the equity considerations which
Page 38 and 39: to break with the system. It is equ
Page 40 and 41: jobs, quality jobs, decent work are
Page 42 and 43: pay and productivity, important fac
Page 44 and 45: formal contracts and work is usuall
Page 46 and 47: The rise of new Keynesian thinking
Page 48 and 49: “The Role of MSMEs in Economic Ex
Page 50 and 51: Development seen as the process of
Page 52 and 53: 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 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 104 and 105: Where are the future job opportunit
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
Page 116: 116
show all

Labour Market Forum 2010 - Planning Institute of Jamaica

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?