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Local economy can’t create 2000 jobs a year

Public Service salaries suffocate developments

FILE PIC: Low developments will result in an increase in poverty.



Despite numerous initiatives put in place, the economy is struggling to create 2000 formal jobs a year and the trend started five years ago, and in some instances there was zero growth in job creation.

This is far below the approximately 20,000 graduates who enter the job market every year.

According to the National Development Plan 11 Mid Term Review draft document, job creation has been a challenge for a while.

“The growth rate of formal employment has been disappointing in recent years, with several years when growth has been barely above zero, and one year of ne...

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