GUYANA recorded a 12.8 per cent unemployment rate for the first quarter of 2020, following an average 14 per cent in 2018 and 13.5 per cent in 2019.
However, although the unemployment rate continually decreased, the youth unemployment rate experienced a slight increase, moving from 29.7 per cent in the last quarter (Q4) of 2019 to 30.2 per cent in the first quarter (Q1) of 2020.
Meanwhile, persons with a primary school level education or less continued to make up the majority of the country’s workforce, accounting for some 55.2 per cent of it in the first quarter of 2020, and 56.7 per cent at the end of 2019.
However, although the unemployment rate continually decreased, the youth unemployment rate experienced a slight increase, moving from 29.7 per cent in the last quarter (Q4) of 2019 to 30.2 per cent in the first quarter (Q1) of 2020.
Meanwhile, persons with a primary school level education or less continued to make up the majority of the country’s workforce, accounting for some 55.2 per cent of it in the first quarter of 2020, and 56.7 per cent at the end of 2019.