Updated Policies In St. Lucia Result In Improved Employment Rates

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Castries, St. Lucia – Saint Lucia has seen a significant upturn in employment in recent years.

New economic policies under Prime Minister Hon. Philip J. Pierre accelerated post-COVID recovery and revitalised the local job market. National employment increased from 75, 016 jobs in 2020 to 97, 394 jobs in 2023—representing 86 percent of the working population.

The sharp rise in employment confirms the local job market is strengthening under Prime Minister Pierre’s leadership. His economic policies empower small businesses, provide direct support to young entrepreneurs and facilitate growth and expansion in the private sector.

Saint Lucia has seen consecutive declines in the unemployment rate every year since July 2021. Unemployment dropped from 21.9 percent in 2021 to 16.5 percent in 2022 to a near record-low of 14 percent in 2023.

It’s not just about numbers. The government is working to make the local economy more conducive for hiring and job creation.

Prime Minister Pierre will continue implementing the right mix of economic policies to attract foreign investment, stimulate wealth creation and encourage economic growth in the local economy to drive unemployment down into single digits and connect Saint Lucians with sustainable, good-paying jobs.

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