Labour Market Analysis

от michelleprecious
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OVERVIEW OF THE ECONOMIC PERFOMANCE In Q1 of 2012, the country’s economy increased by almost 1.6% compared to that of the previous year. The rate of employment increased as many people were employed in the service producing companies, private sector companies and even some were self-employed .this led to an increase in the consumer price to 5%.the other major sectors of the economy grew like the tourism sector apart from the manufacturing and trade sectors which contracted and had declinations. The construction sector improved the most followed by the other industries and even the accommodation and food services. The growth was majorly contributed to by the service sector like service industry, business services and transport and storage services.

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