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Labour Force Survey: Unemployment rate at 2.8 percent

Posted: Wednesday, July 12, 2023. 10:41 am CST.

By Aaron Humes: According to the Statistical Institute of Belize, in April of 2023, some 5,559 of the population are unemployed, representing 2.8 percent of the established labour force – persons over 14 years of age who are available to work.

Unemployment is categorized as not having a job at present but actively looking for and being able to start one as soon as possible. 

42.6 percent of youths are in the labour force including 34.3 percent of young females. But nearly seven percent were still unemployed. 

Unemployment went down in all districts except for Toledo which rose by half a percent followed by Cayo at 0.4 percent. The lowest rate of unemployment is in the Orange Walk District at 1.7 percent while the highest is in Toledo at 5 percent. Rates went down in comparison with the last Labour Force Survey in September 2022. But females generally were more unemployed than men by 4.2 percent to 1.9 percent. 

Additionally, there is a population of 10,158 which are part of the “potential labour force” – either available for work but not actively looking, or not available due to other responsibilities but still employable. A majority of these were females.

Some 3,000 households countrywide were sampled for the survey.

 

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