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Job Market Overview: Employment Statistics in Jamaica
Understanding Jamaica's job market is crucial for both job seekers and employers. The country's current employment indicators show:
Key Metric | Current Status |
---|---|
Total Population | 2.961.167 residents |
Employment Rate | 52.7% (below OECD average) |
Unemployment Rate | 4.4% (very competitive market) |
Workforce Size | 1.560.535 active workers |
These Jamaica employment statistics reveal a tight labor market where candidates should highlight specialized skills. The 52.7% employment rate suggests moderate job availability across sectors.
Living & Working in Jamaica: Economic Insights
Before relocating or applying for jobs in Jamaica, 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 | 38.7 | moderate compared to U.S. (100) |
With 38.7 purchasing power, salaries in Jamaica provide adequate but budget-conscious lifestyles. The average monthly salary of 650,00 USD is particularly attractive in the Agriculture, Mining sector.
Top Industries & Job Opportunities in JM
Jamaica's thriving job market spans these key sectors:
Leading Industry | Agriculture, Mining (growing at 5% annually) |
Emerging Sector | Mining (25% of workforce) |
Service Sector | Tourism, Services (60% of GDP) |
Major Employers | Jamaica National Bank, Sandals Resorts, GraceKennedy (hiring year-round) |
Job seekers should focus on Agriculture, Mining for the most opportunities, while Mining offers growth potential. Major companies like Jamaica National Bank, Sandals Resorts, GraceKennedy frequently post openings for skilled professionals.
CityJobs bridges the gap between job seekers and employers in Jamaica, creating a more accessible and inclusive job market for all.
1. What's the employment situation in Jamaica?
With a population of 2,961,167 and an employment rate of 52.7%, Jamaica offers a competitive job market. The unemployment rate currently stands at 4.4%.
2. Which are the top companies in Jamaica?
The leading employers in Jamaica include Jamaica National Bank, Sandals Resorts, GraceKennedy. These companies offer diverse opportunities across multiple sectors.
3. How far does salary go in Jamaica?
The purchasing power ratio in Jamaica is 38.7, meaning cost of living should be carefully considered when evaluating job offers.
4. How can I find jobs in Jamaica?
Search our listings filtered for Jamaica. Focus on industries where Jamaica National Bank, Sandals Resorts, GraceKennedy are active, and consider that the 52.7% employment rate suggests moderate competition for positions.
5. What should I know about working in Jamaica?
With Jamaica National Bank, Sandals Resorts, GraceKennedy as major employers, the job market tends to favor Mining and Tourism, Services.