With the help of the Inter-American Development Bank (IDB), a labour force survey that determine the official unemployment rate will begin in January 2017, Chief Statistician Lennox Benjamin says.
Speaking at a press conference yesterday, Benjamin informed that Guyana has been without an unemployment rate for about a decade and has always been using estimated figures.
He explained that the measurement of an unemployment rate or profiles on economic activity are essentially done by way of a labour force survey. He said his department had done “substantial work” back in 2008 with the US Census Bureau but at the point of implementation “we did not get permission to proceed.
