12.07.2015 Views

Security and Defense Studies Review - Offnews.info

Security and Defense Studies Review - Offnews.info

Security and Defense Studies Review - Offnews.info

SHOW MORE
SHOW LESS

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

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

<strong>and</strong> restaurant services” is expected to lose 5.2 million hours, followed by “Community, social <strong>and</strong>personal services” (2.5 million) <strong>and</strong> “Transport, storage <strong>and</strong> communication” (1.9 million). Amongthe goods- producing sectors “Agriculture, forestry <strong>and</strong> fishing” (1.7 million) <strong>and</strong> “Manufacturing(1.4million) are the two sectors predicted to be badly affected.Table IIProjected Loss in Man hoursSectors 2007 Employment Attack Rate AffectedWorkersGoods-Producing sector 402.6Agriculture, Forestry,Fishing000's % 000's 000's207 10.00% 20.7 1656.00Mining 8.2 15.00% 1.23 98.40Manufacturing 69.4 25.00% 17.35 1388.00Construction AndInstallationServices Sector 732.2Transport, Storage <strong>and</strong>CommunicationFinancing, Insurance, RealEstate <strong>and</strong> Business ServicesCommunity, Social <strong>and</strong>Personal Services118 10.00% 11.8 944.0078.6 30.00% 23.58 1886.4066.8 25.00% 16.7 1336.00317.2 10.00% 31.72 2537.60Electricity Gas <strong>and</strong> Water 7.7 10.00% 0.77 61.60Wholesale <strong>and</strong> Retail, Hotels<strong>and</strong> Restaurant services261.9 25.00% 65.475 5238.00Industry Not Specified 2.2 10.00% 0.22 17.6Average Attack Rate 17%Total 1137 189.545 15163.6Manhours LossAssumptions1) Estimated attack rate,based on sectoral exposure2) Estimates a 2-week attack<strong>and</strong> a regular 40-hour workweekSource: PIOJThe estimates outlined in Table III indicate that the p<strong>and</strong>emic may cause a decline in the country’s grossdomestic product by approximately J$2.5 billion, or 3 percent below the 2007 level. Four sectors are expectedto record huge contraction in output. These are:1) Wholesale <strong>and</strong> retail, hotels <strong>and</strong> restaurants …………………………… $825.2 million2) Transport, storage <strong>and</strong> communication ………………………………… $484.8 million3) Financing, insurance, real estate <strong>and</strong> business services ……………….$418.6 million4) Manufacturing ……………………………………………………………$358.3 million84<strong>Security</strong> <strong>and</strong> <strong>Defense</strong> <strong>Studies</strong> <strong>Review</strong> 2009/Edición 2009/ Edicão 2009/ Volume 9, Issues 1 & 2

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!