Causes Of Unemployment In Belize

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Unemployment in Belize The country of Belize has an estimated population of 370,300, an increase from the 2014 estimation of 342,092 (Country Statistics, 2015). The highest population is in the Belize District and the lowest in Toledo District. Its current unemployment rate stands at 10.2% (Country Statistics, 2015) the lowest in the last five years. Unemployment leads to many social issues in Belize from crime, violence, gangs and drugs. The unemployment rate in other countries is defined as the number of unemployed people as percent of the labor force. In Belize, the unemployment rate measures the number of people actively looking for a job as a percentage of the labor force. The labor force includes the people who are either employed…show more content…
When people lose their jobs they lose their money, their family can't eat, they can't pay taxes, and they can't buy nor rent nor own anything, so a job is needed to survive. A good thing which the Belize City Council did was the cementing of the streets which created many jobs for skilled and unskilled workers. That contributed to the low unemployed rate of 2014 and 2015. Although the pay rate is not as high as many would like; it’s better than having those persons on the streets committing crimes or selling drugs. Many other communities have started with similar projects such as the creation of football stadiums and street cementing in an effort to create more jobs, through government projects funded by Petro Caribe…show more content…
We see the progress with the upgrading of football stadiums and cementing or paving of streets, new companies are emerging and creating new jobs, like the two call centers in San Ignacio, new processing plants “Cayo Grains” and “Santander” also the exploration of oil which is creating more and more jobs for skilled and unskilled individuals. The creation of the new roundabout at the intersection of the George Price Highway which is the Roaring Creek and Belmopan Junction, the Road Safety Project such as the upgrading of the Belmopan Ring Road, Western Regional Hospital junction roundabout. The creation of drains in the City of Belmopan also by the Road Safety Project and the Belmopan City Council in the Water Reservoir housing area. With the creation of these jobs many unemployed persons are able to get a job to sustain their families. With these new opportunities it has been shown that the unemployment rate has lowered and many more individuals are

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