February 21, 2024

Cayman: Spring 2023 Labour Force Survey shows growing population and declining unemployment

According to estimates from The Cayman Islands Labour Force Survey (LFS) Spring 2023Report, the total labour force increased by 7.9% in the past year to include 58,669 people as of June 2023.  With 1,404 people being counted as unemployed, the overall unemployment rate dropped to 2.4% from 3.0% in June 2022.  The number of unemployed Caymanians declined […]

The Editor speaks: Far from complacent

“Far from complacent” was the message from our Premier, Alden McLaughlin, when he said the fall 2018 Labour Force Survey results, when released by the Economics and Statistics Office (ESO), they will show unemployment has dropped to its lowest rate in more than decade. The premier said this at the Chamber of Commerce Legislative Lunch […]

Sunday, 30 September marks start of Cayman Islands Fall 2018 Labour Force Survey

The Fall Labour Force Survey (LFS) to be conducted by the Economics and Statistics Office (ESO) begins on Sunday, 30 September 2018. The LFS seeks to collect data on employed and unemployed persons in the Cayman Islands, as well as those who are not in the labour force. Approximately 1,500 randomly selected households are scheduled […]

Cayman Islands’ Employment and Labour Force grew in October 2016

The total number of persons employed in the Cayman Islands increased to an estimated 40,411 in the October 2016 Labour Force Survey, up from 39,138 persons in the October 2015 survey, a 3.3% increase. The total number of persons comprising the Labour Force in the Cayman Islands was estimated at 42,196 in October 2016, higher […]

Cayman Islands unemployment rate declined to 4.2% in fall 2015, the lowest since 2008

From the Cayman Islands Ministry of Finance The overall unemployment rate in the Cayman Islands declined to 4.2 percent in Fall 2015 when compared to the 4.6 percent recorded in Fall 2014. The unemployment rate among Caymanians was recorded at 6.2 percent, which is also lower when compared to the 7.9 percent estimated in Fall […]

Unemployed Caymanians 2013 at 9.4%

The unemployment rate in the Cayman Islands rose to 6.3 percent in 2013 due to a rise in the unemployment rate among non-Caymanians to 3.1 percent. Meanwhile, the unemployment rate among Caymanians was estimated at 9.4 percent, lower than the 10.5 percent recorded in 2012. Caymanian employment grew by 6.1 percent in 2013, despite an […]