Jamaica Unemployment Rate To Skyrocket
November 25, 2008 1 Comment
Jamaica’s unemployment rate is about to get worse.
The country already has had nearly 12 percent unemployment. Now the Labor Minister says companies have warned the government of many more layoffs in the coming months.
Pearnel Charles tells the Jamaica Gleaner newspaper that [they] can’t name the companies because workers have not been told.
The key bauxite industry is being hit hard by decreased demand for aluminum.
Charles said in the interview published Friday that he would meet with union leaders next week.
Source :The Guardian