Tag: unemployment
Cayman Islands unemployment falls to 3.4%
(CNS): Unemployment in the Cayman Islands has fallen to its lowest level since before the global economic crash, according to figures released by the Economic and Statistics Office on Wednesday. The Spring 2018 Labour Force Survey estimates that the overall unemployment rate is now at 3.4% (down from 4.1% this time last year), while for Caymanians […]
MLA calls for clarity on job criteria
(CNS): The independent member for George Town Central is calling for a national list of jobs, clarifying the criteria, to help address the mounting concerns about rogue employers manipulating recruitment to favour cheap labour over locals. Kenneth Bryan plans to file a private member’s motion at the next legislative sitting that will help employers, job-seekers, […]
Local unemployment rises in spring survey
(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 permanent residents with the […]
MLA urges action over potential ex-pat exodus
(CNS): The deputy opposition leader and independent member for Newlands is urging government to act now in preparation for what many believe will be an exodus of ex-pat workers at the end of this year over changes to the pension law. Alva Suckoo said that out-of-work Caymanians need to be trained now to fill vacancies […]
ESO to begin workforce survey
(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 currently living in the Cayman Islands […]
Jobless total falls to new low of 3.9%
(CNS): A new Labour Force Survey has found that the total number of people out of work in the Cayman Islands this spring had fallen to 3.9%, the lowest jobless figure since 2007. The latest report from the Economics and Statistics Office indicates that the rate of unemployment among locals has also fallen significantly, from […]
Work permits climb towards 23,000
(CNS): The number of work-permits held by Cayman employers during the first three months of this year rose by 6.3% when compared to the same time period in 2015. According to the latest quarterly report from the Economics and Statistics Office, there were 22,295 at the end of March, as demand for foreign labour continued […]
Local unemployment falls to 6.2%
(CNS): The latest Labour Force Survey suggests that the unemployment rate fell to 6.2% among Caymanians, down from the spring high of over 8% and 7.9% in the autumn of 2014. The overall unemployment rate in the Cayman Islands, which includes expatriates, permanent residents and other non-Caymanians as well as local workers, declined to 4.2%, […]
Our own worst enemy
MM writes: More than 80% of the recent burglaries, female assaults, local murders and other community disrupting crimes have been performed by Caymanians — and as a Caymanian I am keen to point this out. It is unfortunate that as a community and a native people our only defence for our own faults is to blame […]
Educated jobless running at 14.3%
(CNS): The recently revealed report by the Minimum Wage Advisory Committee has confirmed long-held concerns that a significant number of the unemployed in Cayman are educated individuals that are unlikely to benefit from a minimum wage. The research, based on the Labour Force Survey, said the unemployment rates of those with at least a complete […]
