NewsWhore
06-28-2010, 05:20 PM
A recent Central Bank survey reported the creation of 130,440 new jobs in the country's productive sectors from October 2009 to April 2010, of which 102,609 (or 78.7%) were in the formal sector and 27,832 in the informal sector (21.3%).
Today's Listin Diario, however, points out that the survey findings contradict the current figures published by the Social Security Treasury (TSS), which tracks formal sector employment. According to TSS records, 64,164 new jobs were created in the formal market from September 2009 to March 2010, a much lower figure than the 102,608 mentioned by the Central Bank survey.
The newspaper says that the new jobs created in government institutions could account for the difference. The Central Bank report said that the jobs were created in industry, commerce, farming, tourism, construction, transport, communications, but also mentions the categories of 'other services' and 'rest of activities'. The difference between 102,608 - 64,164 jobs in the TSS, or 38,444 jobs could be accounted for by the proven low-productivity jobs in government, listed within the last two job categories. Government jobs represent the fastest growing job market in the past decade.
More... (http://www.dr1.com/index.html#2)
Today's Listin Diario, however, points out that the survey findings contradict the current figures published by the Social Security Treasury (TSS), which tracks formal sector employment. According to TSS records, 64,164 new jobs were created in the formal market from September 2009 to March 2010, a much lower figure than the 102,608 mentioned by the Central Bank survey.
The newspaper says that the new jobs created in government institutions could account for the difference. The Central Bank report said that the jobs were created in industry, commerce, farming, tourism, construction, transport, communications, but also mentions the categories of 'other services' and 'rest of activities'. The difference between 102,608 - 64,164 jobs in the TSS, or 38,444 jobs could be accounted for by the proven low-productivity jobs in government, listed within the last two job categories. Government jobs represent the fastest growing job market in the past decade.
More... (http://www.dr1.com/index.html#2)