Friday, July 20, 2012

Barbados: Jobless numbers inching upwards - at 12%

Latest job numbers from Barbados indicate that unemployment jumped to nearly 12 percent in the first quarter of 2012, pushing past the 10 percent mark recorded in the previous quarter last year.

The research unit in the ministry’s economic affairs division said unemployment from January to March reached 11.8 percent.

The jobless rate reached 10.2 percent for the fourth quarter of last year, according to the Barbados Statistical Services.

“Statistics derived from the Continuous

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