Unemployment rate at 9%

The unemployment rate has increased in comparison to the same time period last year. That is what the latest figures from the Statistical Institute of Belize reveals. The Labour Force survey of April 2017, showed that when compared to April of 2016, there were over two thousand more persons unemployed even though 3 thousand more jobs were created. Unemployment rate now stands at 9%, up by 1% from the same period last year.  As for rates by district, only the Belize and Stann Creek districts had rated higher than the national rate of 9% with Stann Creek having the highest rate at 13.1% and Belize having the second highest rate at 10.9%. The Toledo district again remains with the lowest rate, almost identical to what it was in 2016 at 3.9%.  Cayo is the only district where unemployment fell by 1%. Unemployment in rural areas rose by 1.7% and is now 9.3% in April 2017, while the rate in urban areas increased only slightly. As for the rates by ethnicity, there was a bit of a shift from 2016 where the group with the highest rate of unemployment were the Garifuna followed by the Creolevlcsnap-00407 vlcsnap-00408

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