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Planning and Development Ministry reveals over 5000 jobs created via PSIP projects

The Planning and Development Ministry reveals that 5,275 jobs have been created based on projects undertaken by various Ministries through the Public Sector Investment Programme.

In a media release this afternoon the Ministry explained that the Job Creation Report as at June 30th indicated that the largest numbers of jobs were created in the Ministries of Education, National Security and Energy respectively.

It added that continuing work on ECCE, Primary and Secondary schools as well as the expansion of the School of Dentistry at the Eric Williams Medical Science Complex accounted for the increase at the Ministry of Education.

The Ministry pointed that similarly, construction of video conferencing facilities for the Prisons, establishment of Life Guard facilities at the nation’s beaches, construction of the Penal and Mayaro Fire Stations, along with various construction and refurbishment works for the Trinidad and Tobago Police Service accounted for their increase.

Meanwhile , figures drawn from the latest Central Statistical Office Labour Force Bulletin, for the third quarter of 2016 indicate that in comparing the previous quarter to this period, the major increase in persons with jobs by Type of worker was seen in “Own account worker” by 9,100 or 8.5 percent.

The figures, released recently by the CSO, also point to a marginal decrease in the unemployment rate from 4.4% to 4.0% for the period under review.

The data reflected a decrease of 3,000 or 10.5 percent in the number of unemployed persons in Trinidad and Tobago between the 2nd and 3rd quarters of 2016.

Unemployed males decreased by 600 or 3.9% while unemployed females decreased by 2,400 or 18.3 percent.