STATIN: Inflation Rate Increase to 10.9%

STATIN: Inflation Rate Increase to 10.9%

The Statistical Institute of Jamaica, STATIN, in its quarterly media briefing on Friday, revealed that Jamaica has seen an increase in the inflation rate, though unemployment is now at its lowest ever historical level. Director General of STATIN, Carol Coy, says...
Unemployment Hits Historic Low At 6.2 %

Unemployment Hits Historic Low At 6.2 %

Unemployment plunged to it’s lowest in recorded history at 6.2 per cent. Meanwhile, inflation climbed in March due to myriad factors to include the rising cost of fuel and oil impacting transportation and electricity. The Statistical Institute of Jamaica also...
Unemployment on the Rise During Pandemic

Unemployment on the Rise During Pandemic

Unemployment is on the rise while the employed labour force has shrunken. The Statistical Institute of Jamaica (STATIN) says the pandemic prevented them from carrying out the labour force survey in 2020. STATIN says the 2021 Labour Force Survey for April was compared...
GDP Declines Marginally for the First Quarter

GDP Declines Marginally for the First Quarter

Director General of the Statistical Institute of Jamaica (STATIN), Carol Coy says, the country’s Gross Domestic Product (GDP), has been negatively impacted by the spread of the coronavirus, in the first quarter of 2021. Over the period the country’s gross...