Tag: Economics and Statistics Office

ESO starts new job survey for HR database

ESO starts new job survey for HR database

| 11/10/2017 | 12 Comments
(CNS): An important step in the government’s promised overhaul of the work permit system and the country’s jobs landscape is beginning this month with a new survey by the Economics and Statistics Office. Officials from the ESO will be undertaking the first comprehensive Occupational Wage [...]

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Population reaches historic high

Population reaches historic high

| 05/10/2017 | 107 Comments
(CNS): At the end of 2016 the population of the Cayman Islands had reached an historic recorded high of 61,361 people, according to the latest Compendium of Statistics released by the Economics and Statistics Office. Caymanians now make up 55.6% of the population, the lowest proportion of locals t [...]

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Rents push up cost of living

Rents push up cost of living

| 03/10/2017 | 48 Comments
(CNS): The average prices of goods and services in the Cayman Islands, as estimated by the Consumer Price Index (CPI), increased by 2.2% in the second quarter of 2017 compared to the same period in 2016. The increase in the price index was largely fueled by a 7.9% rise in the price index for res [...]

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Local unemployment rises in spring survey

Local unemployment rises in spring survey

| 03/10/2017 | 36 Comments
(CNS): There was mixed news on employment rates in Cayman with the release of the Labour Force Survey Report for March 2017: the number of unemployed Caymanians was higher than the same period in 2016 but a drop when compared to the October 2016 report. The overall unemployment rate, which includes [...]

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ESO to start autumn labour count

ESO to start autumn labour count

| 28/09/2017 | 9 Comments
(CNS): In order to maintain a high level of accurate data on the local workforce in the Cayman Islands, the Economics and Statistics Office (ESO) will begin the 2017 autumn Labour Force Survey on Sunday. Trained interviewers from the office will visit 1,500 randomly selected sample households in the [...]

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Growth in local GDP dipped in face of global fall

Growth in local GDP dipped in face of global fall

| 24/07/2017 | 6 Comments
(CNS): The estimated Gross Domestic Product (GDP) figure for last year rose by 2.7%, which falls short of the growth in 2015 of 2.8%, officials said following the publication of the Cayman Islands Annual Economic Report. The Economics and Statistics Office said the dip coincided with a downtrend in [...]

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Price increases fuel local inflation

Price increases fuel local inflation

| 09/07/2017 | 37 Comments
(CNS): While government continues to pursue growth in the local economy and makes claims that unemployment is falling, with little sign of rising wages, price increases are now putting pressure on ordinary working families. The latest figures from the Economics and Statistics Office reveals that the [...]

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Local jobless rate rises as labour force grows

Local jobless rate rises as labour force grows

| 05/04/2017 | 73 Comments
(CNS): The percentage of unemployed Caymanians in October 2016 increased by nearly 1% over the previous year as a result of a 3.3% increase in the size of the overall workforce across the islands. But according to the 2016 autumn Labour Force Survey, 159 more local people had jobs than in October 20 [...]

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ESO to begin workforce survey

ESO to begin workforce survey

| 23/02/2017 | 17 Comments
(CNS): Officials from the Economics and Statistics Office (ESO) are urging the public to cooperate with their enumerators who will begin going door-to-door to at over a 1,000 random homes on Sunday 5 March to conduct the Labour Force Survey for this spring. The survey collects data from people curre [...]

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