Labour Market Forum 2010 - Planning Institute of Jamaica

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Factors Contributing: Consistently high levels of income inequality Consumption by Decile Consumption Ratios Year 10th 9th 1st 2nd R10/P10 R20/P20 Gini Coefficient 1958 43.8 17.4 0.6 1.6 73.00 27.82 0.58 1975 33.3 16.9 1.3 2.8 25.62 12.24 0.45 1976 34.5 16.7 1.4 2.9 24.64 11.91 0.45 1977 35 17.7 1.3 2.8 26.92 12.85 0.46 1990 29.59 16.31 2.53 3.85 11.70 7.19 0.38 1991 31.42 15.7 2.22 3.59 14.15 8.11 0.4 1992 29.59 15.63 2.58 3.92 11.47 6.96 0.38 1993 28.86 15.98 2.42 3.88 11.93 7.12 0.37 1994 30.39 15.53 2.52 3.89 12.06 7.16 0.38 1995 29.15 15.59 2.94 4.17 9.91 6.29 0.36 1996 29.15 15.39 2.78 4.26 10.49 6.33 0.36 1997 32.3 16.8 2.2 3.6 14.68 8.47 0.42 1998 29.7 15.7 2.6 4 11.42 6.88 0.37 1999 30 15.9 2.4 3.9 12.50 7.29 0.38 2000 30.3 15.8 2.7 4 11.22 6.88 0.38 2001 30.2 15.8 2.4 3.8 12.58 7.42 0.38 2002 32 15.6 2.4 3.8 13.33 7.68 0.4 2003 30.3 15.8 2.7 3.9 11.22 6.98 0.38 2004 30.8 15.6 2.6 4 11.85 7.03 0.38 2005 30.3 15.6 2.5 3.8 12.12 7.29 0.38 2006 29.8 15.4 2.7 4 11.04 6.75 0.38 2007 29.5 15.5 2.7 4.1 10.93 6.62 0.38 84
Sources → (1) 1990 - 2008 Jamaica Survey of Living Conditions, PIOJ & STATIN, 1997 and 2007, → (2) 1958 & 1975 - 1977 Banskota, Kamal, Johnson S.R., Stampley, Gary L. (Sept. 1987), Income Distribution in Jamaica → Staff Report, Centre for Agricultural and Rural Development, Iowa State University, Ames, Iowa 50011 Income Inequality and Labour Productivity SUMMARY OUTPUT Regression Statistics Multiple R 0.85674069 R Square 0.734004611 Adjusted R Square 0.717379899 Standard Error 38845.3744 Observations 18 85
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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
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 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 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
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