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Job Market Overview: Employment Statistics in Tuvalu
Understanding Tuvalu's job market is crucial for both job seekers and employers. The country's current employment indicators show:
Key Metric | Current Status |
---|---|
Total Population | 11.792 residents |
Employment Rate | 42.1% (below OECD average) |
Unemployment Rate | 3.4% (very competitive market) |
Workforce Size | 4.964 active workers |
These Tuvalu employment statistics reveal a tight labor market where candidates should highlight specialized skills. The 42.1% employment rate suggests moderate job availability across sectors.
Living & Working in Tuvalu: Economic Insights
Before relocating or applying for jobs in Tuvalu, consider these key economic factors:
Economic Indicator | Value | Comparison to U.S. |
---|---|---|
Average Monthly Salary | 300,00 USD | 7% of U.S. average (significantly lower) |
Purchasing Power | 14.4 | moderate compared to U.S. (100) |
With 14.4 purchasing power, salaries in Tuvalu provide adequate but budget-conscious lifestyles. The average monthly salary of 300,00 USD is particularly attractive in the Fishing sector.
Top Industries & Job Opportunities in TV
Tuvalu's thriving job market spans these key sectors:
Leading Industry | Fishing (growing at 5% annually) |
Emerging Sector | Manufacturing (25% of workforce) |
Service Sector | Services (60% of GDP) |
Major Employers | Tuvalu Telecommunications Corporation, National Bank of Tuvalu, Tuvalu Electricity Corporation (hiring year-round) |
Job seekers should focus on Fishing for the most opportunities, while Manufacturing offers growth potential. Major companies like Tuvalu Telecommunications Corporation, National Bank of Tuvalu, Tuvalu Electricity Corporation frequently post openings for skilled professionals.
CityJobs bridges the gap between job seekers and employers in Tuvalu, creating a more accessible and inclusive job market for all.
1. What's the employment situation in Tuvalu?
With a population of 11,792 and an employment rate of 42.1%, Tuvalu offers a competitive job market. The unemployment rate currently stands at 3.4%.
2. Which are the top companies in Tuvalu?
The leading employers in Tuvalu include Tuvalu Telecommunications Corporation, National Bank of Tuvalu, Tuvalu Electricity Corporation. These companies offer diverse opportunities across multiple sectors.
3. How far does salary go in Tuvalu?
The purchasing power ratio in Tuvalu is 14.4, meaning cost of living should be carefully considered when evaluating job offers.
4. How can I find jobs in Tuvalu?
Search our listings filtered for Tuvalu. Focus on industries where Tuvalu Telecommunications Corporation, National Bank of Tuvalu, Tuvalu Electricity Corporation are active, and consider that the 42.1% employment rate suggests moderate competition for positions.
5. What should I know about working in Tuvalu?
With Tuvalu Telecommunications Corporation, National Bank of Tuvalu, Tuvalu Electricity Corporation as major employers, the job market tends to favor Manufacturing and Services.