Youth Unemployment in Jamaica – At 34.1 per cent in July 2014.

The Statistical Institute of Jamaica (STATIN) is reporting an 11 per cent decline in the unemployment rate for July compared with the similar period last year.

In its July 2014 Labour Force Survey, STATIN says there were 179,000 unemployed persons in the country compared to 201,600 in July 2013.

Unemployment among youth age 14-24 was recorded at 34.1 per cent for July 2014. This represented a 4.2 percentage point decrease compared to 38.3 percent recorded in July 2013.

Overall, the survey shows a decrease in unemployment for males and females by 15.7 and 7.7 per cent, respectively.

Chosen excerpts by Job Market Monitor. Read the whole story at STATIN says unemployment down 11% – News – JamaicaObserver.com.