NewsWhore
07-19-2011, 02:00 PM
According to the Central Bank, 125,000 jobs were created between October 2010 and April this year, primarily in the commerce, farming, services and mining sectors. Diario Libre reports that the Central Bank survey found that of 170,763 people who sought work between October 2010 and April 2011, 3.9% of the Economically Active Population (EAP), only 125,283 found work.
The report stresses that 55.5% of the new jobs are in the informal sector, equivalent to 69,512 jobs.
Most new jobs during this seven-month period were in the commerce sector, both wholesale and retail, with 47,676 new jobs. The "Other Services" category saw an increase of 43,011 jobs, Farming 23,043, and Mining and Quarrying grew by 8,073, Manufacturing saw 1,048, Construction 1,158, Hotels, Bars and Restaurants, 1,494, Public Administration and Defense, 1,703, Transportation and Communication, 1,541.
The total number of people with jobs in October 2010 was 3,768,362, and this figure increased by 125,283, and ended with 3,893,645 people with jobs in April 2011.
The report indicates that of the 3.7 million people employed last October, 1.6 million were in the formal sector, 42.9% and 2.1 million were in the informal sector, equal to 57.1%.
Meanwhile, in April this year, the number of people in employment totaled 3.8 million, with formal workers numbering 1.6 million, but slightly better than in October, equal to 43.3% and the informal workers numbered 2.2 million or 56.7% of the entire workforce. Of the jobs created from October 2010 to April 2011, 55,771 were informal and represent 44.5%, while the formal jobs numbered 69,512 or 55.5%.
Within Latin America, the country is next to Mexico, Venezuela and Brazil in the average number of informal jobs in the region.
The report shows that the average income per hour's work increased by RD$2.90 an hour, going from RD$73.28 to RD$76.14 between October 2010 and April this year. The average number of hours worked each week, according to the survey, remained at around 42 hours.
The Central Bank stresses that 55.5% of the new jobs created are in the formal sector, some 69,512 net jobs, for a growth of 4.3% compared to the number of formal jobs in October 2010. The bank indicates that the Dominican Republic is next to Costa Rica, Mexico, Panama and Peru among the countries of the region where formal employment increased between 3% and 5% in the period since the world economic crisis, and that the country's sustained economic growth has shown a net increase of 714,286 new jobs since October 2004.
http://www.diariolibre.com/noticias_det.php?id=298376
More... (http://www.dr1.com/index.html#3)
The report stresses that 55.5% of the new jobs are in the informal sector, equivalent to 69,512 jobs.
Most new jobs during this seven-month period were in the commerce sector, both wholesale and retail, with 47,676 new jobs. The "Other Services" category saw an increase of 43,011 jobs, Farming 23,043, and Mining and Quarrying grew by 8,073, Manufacturing saw 1,048, Construction 1,158, Hotels, Bars and Restaurants, 1,494, Public Administration and Defense, 1,703, Transportation and Communication, 1,541.
The total number of people with jobs in October 2010 was 3,768,362, and this figure increased by 125,283, and ended with 3,893,645 people with jobs in April 2011.
The report indicates that of the 3.7 million people employed last October, 1.6 million were in the formal sector, 42.9% and 2.1 million were in the informal sector, equal to 57.1%.
Meanwhile, in April this year, the number of people in employment totaled 3.8 million, with formal workers numbering 1.6 million, but slightly better than in October, equal to 43.3% and the informal workers numbered 2.2 million or 56.7% of the entire workforce. Of the jobs created from October 2010 to April 2011, 55,771 were informal and represent 44.5%, while the formal jobs numbered 69,512 or 55.5%.
Within Latin America, the country is next to Mexico, Venezuela and Brazil in the average number of informal jobs in the region.
The report shows that the average income per hour's work increased by RD$2.90 an hour, going from RD$73.28 to RD$76.14 between October 2010 and April this year. The average number of hours worked each week, according to the survey, remained at around 42 hours.
The Central Bank stresses that 55.5% of the new jobs created are in the formal sector, some 69,512 net jobs, for a growth of 4.3% compared to the number of formal jobs in October 2010. The bank indicates that the Dominican Republic is next to Costa Rica, Mexico, Panama and Peru among the countries of the region where formal employment increased between 3% and 5% in the period since the world economic crisis, and that the country's sustained economic growth has shown a net increase of 714,286 new jobs since October 2004.
http://www.diariolibre.com/noticias_det.php?id=298376
More... (http://www.dr1.com/index.html#3)