Govt hopeful that unemployment will continue to drop

Wed, Aug 14th 2019, 08:09 AM

 

Minister of Labour Dion Foulkes said yesterday the government is confident that the unemployment rate will continue to drop as several significant projects reach their completion.

The national unemployment rate decreased from 10 percent in May 2018 to 9.5 percent in May 2019, the Department of Statistics revealed last week.

The latest numbers also reflect a drop in the unemployment rate compared to the 10.7 percent recorded in November 2018.

“We are extremely pleased and very happy,” Foulkes said outside Cabinet.

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