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Welcome to your comprehensive guide to the Grenada job market. Finding the right job or candidate requires solid data. We provide the latest statistics on employment, salaries, and economic indicators, empowering you to make informed decisions about your next career step or recruitment strategy in Grenada.
Job Market Overview: Employment Statistics in Grenada
Understanding Grenada's job market is crucial for both job seekers and employers. The country's current employment indicators show:
| Key Metric | Current Status |
|---|---|
| Total Population | 112.519 residents |
| Employment Rate | 50.7% (below OECD average) |
| Unemployment Rate | 16.6% (moderately competitive market) |
These Grenada employment statistics reveal a balanced labor market where candidates should highlight specialized skills. The 50.7% employment rate suggests moderate job availability across sectors.
Living & Working in Grenada: Economic Insights
Before relocating or applying for jobs in Grenada, consider these key economic factors:
| Economic Indicator | Value | Comparison to U.S. |
|---|---|---|
| Average Monthly Salary | 650,00 USD | 14% of U.S. average (significantly lower) |
| Purchasing Power | 33.9 | moderate compared to U.S. (100) |
With 33.9 purchasing power, salaries in Grenada provide adequate but budget-conscious lifestyles. The average monthly salary of 650,00 USD is particularly attractive in the Agriculture, Tourism sector.
Top Industries & Job Opportunities in GD
Grenada's thriving job market spans these key sectors:
| Leading Industry | Agriculture, Tourism (growing at 5% annually) |
| Emerging Sector | Manufacturing (25% of workforce) |
| Service Sector | Tourism, Services (60% of GDP) |
| Major Employers | Grenada Cooperative Bank, Grenlec, Sandals Resorts (hiring year-round) |
Job seekers should focus on Agriculture, Tourism for the most opportunities, while Manufacturing offers growth potential. Major companies like Grenada Cooperative Bank, Grenlec, Sandals Resorts frequently post openings for skilled professionals.
Data Sources & Methodology
The statistical data (Population, Employment, Economic Indicators) used in this guide is compiled from the following authoritative sources:
- Employment & Economic Data: World Bank Indicators
- Cost of Living & Salaries: Numbeo Cost of Living Database
- Proprietary Data: Analysis derived from expert interviews and Cityjobs.info internal salary research.
Disclaimer: Data Volatility Note
We strive to update all statistics and figures annually. However, due to the nature of global economics, data like employment rates, exchange values, and average salaries can change rapidly due to political events, economic shifts, or unforeseen crises. Always verify critical figures with local governmental or financial institutions before making major decisions.
1. What's the employment situation in Grenada?
With a population of 112,519 and an employment rate of 50.7%, Grenada offers a growing job market. The unemployment rate currently stands at 16.6%.
2. Which are the top companies in Grenada?
The leading employers in Grenada include Grenada Cooperative Bank, Grenlec, Sandals Resorts. These companies offer diverse opportunities across multiple sectors.
3. How far does salary go in Grenada?
The purchasing power ratio in Grenada is 33.9, meaning cost of living should be carefully considered when evaluating job offers.
4. How can I find jobs in Grenada?
Search our listings filtered for Grenada. Focus on industries where Grenada Cooperative Bank, Grenlec, Sandals Resorts are active, and consider that the 50.7% employment rate suggests moderate competition for positions.
5. What should I know about working in Grenada?
With Grenada Cooperative Bank, Grenlec, Sandals Resorts as major employers, the job market tends to favor Manufacturing and Tourism, Services.
