Poverty, unemployment reduction aligns with objectives of Govt’s economic planning
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Poverty, unemployment reduction aligns with objectives of Govt’s economic planning
Dear Editor, Economic development aims, among other things, to reduce poverty and unemployment. In 2022, Guyana’s overall unemployment rate was 12.4%, with youth unemployment at 25%, according to the IMF. This sparked discussions on unemployment and poverty. However, since 2022, an increase in the labour force has lowered the unemployment rate. As of 2019, the country had lost over 30,000 jobs. Between 2020 and 2024 the Government claims to have…
·Georgetown, Guyana
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