Tag: statin

Jamaica

Jamaica’s Economy On The Rise

According to the Statistical Institute of Jamaica (STATIN), the country’s economy grew by 2.3 percent during the second quarter of this year. The agency noted that the real value added result for April to June was mainly due to a 2.2 percent increase in output for the services industry. GDP for the goods producing industry was up 2.6 percent compared […]

Jamaica

Jamaica’s Unemployment Rate At An All Time Low

Jamaica’s unemployment rate fell to a new record low of 4.5 percent in April 2023, according to the Statistical Institute of Jamaica (STATIN) Labor Force Survey. This was 1.5 percentage points lower than the out-turn for the corresponding period in 2022, Director General, Carol Coy, indicated. In a recent STATIN’s quarterly digital media briefing, Ms. Coy reported that the number […]

Jamaica

Jamaica’s Economy Shows 4.2% Growth In First Quarter

Jamaica’s economy grew by 4.2 percent in the first quarter of this year. The Statistical Institute of Jamaica (STATIN) says real value added in the January to March period was influenced by the growth of 5.4 percent in the services industry. The performance also reflects an improvement compared to the projection given by the Planning Institute of Jamaica (PIOJ) in […]

Jamaica

Jamaica Sees Decline In Export

Jamaica earned 5.5 percent less from exports during the January to March quarter, according to the Statistical Institute of Jamaica (STATIN). The report noted that this was due largely to a 57.8 percent decline in exports from the mining & quarrying sector. In total, the country earned US$290.5 million from exports during the quarter, with domestic exports accounting for 85.3 […]

Jamaica

Jamaica Spending More On Imports

Jamaicans spent more money on imports during the first quarter of this year when compared to the corresponding period last year. The Statistical Institute of Jamaica (STATIN) said expenditure on goods during January to March increased by 38.7 percent. STATIN’s Director General, Carol Coy, revealed that total imports during the period under review were valued at US$1.826.3 billion, significantly up […]

Jamaica

8.2 Percent Growth For Fiscal Year 2021/22

The Statistical Institute of Jamaica (STATIN) is reporting that the economy grew by 8.2 percent for the fiscal year 2021/22, compared to 2020/21. This was aided by a 6.4 percent out-turn between January and March 2022, compared to the same period last year. In a statement on Thursday (June 30), STATIN indicated that the March quarter out-turn was driven by […]

Jamaica

Jamaica Sees Increase In Export Earnings

Jamaica generated calendar year export earnings of US$1.15 billion between January and September 2021. This out-turn represents a 26.3 percent increase over the US$910.7 million recorded for the corresponding period in 2020. Statistical Institute of Jamaica (STATIN) Director-General, Carol Coy, says the increase was mainly driven by higher exports of ‘Minerals Fuels’, which climbed by 96.8 percent. She was speaking […]

Jamaica

Clerks Represent Largest Occupational Group Increase In Jamaica

Data from the Statistical Institute of Jamaica (STATIN) shows that “clerks” was the occupational group recording the most substantial increase in employment as at July 2019. According to STATIN’s July 2019 Labor Force Survey, some 101,300 persons were employed in this group, representing an increase of 19,100 persons or 23.2 percent, compared to the corresponding period last year. Director-General, Carol […]