Barbados’s Worrell on social impact of unemployment

central-bank-barbados

DeLisle Worrell, the governor of the Central Bank of Barbados, on Saturday said high levels of unemployment owing to the poor economic climate in Barbados continue to negatively impact real wages.

Speaking at an event in Christ Church West Lions Club, Worrell said: "Too many jobs had been lost as a result of this recession and the unemployment rate has risen to about 11% of our workforce. Some of those who have been laid off have found part-time or informal work, with a consequent reduction in w

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