More forest concerns: Weak employment and worker productivity returns

Introduction

Today’s column focuses on economic data for the forest sector, other than those derived from Guyana’s National Accounts, which have been already introduced. This is done in order to offer a Guyana and the wider world(new1)wider perspective of the extractive forest sub-sector’s performance. Some readers have correctly queried whether the macroeconomic national accounts information supports that obtained from a more microeconomic assessment of sector performance. This effort will occupy today’s column, as well as the two following. The data presented, will refer to employment, production, exports, and prices. I shall commence with employment in the next section.