The Employment Index (IE) in the second quarter of the fiscal year (January to March 2018), unlike the + 12.3% year-on-year increase, recorded in the first fiscal quarter (October to December 2017) for an index from 107.3 https://www.haitilibre.com/en/news-24774-haiti-economy-the-employment-index-up-123-over-one-year-2017-2018.html , the EI in the second quarter of 2018 showed a moderate increase of + 2.6% for an index of 99.2. This slight positive change is due to the growth of the three institutional sectors: Public, Private and NGOs / International Organization (IO).

All institutional sectors contributed to the rise of EI in the second quarter of 2018, but the upward trend is much more marked in the NGO / RO sector, which grew by + 7.1% year-on-year. For its part, at an annual rate, the Employment Index (IE) of the public sector (composed of the Public Administration and public enterprises) registered an increase of 2.4% and the EI of the private sector increased by + 2.3%.

In the second quarter of 2018, the level of the Employment Index for the tertiary sector stands at 99.8, representing growth of + 3.1% compared to 96.8 in the second quarter of 2017. The secondary sector, for its part, experienced a decline in the period with an IE of 93.8 in the second quarter of 2018 against 95.4 in 2017 for the same period, a decrease of -1.7%.

The increase in EI of EI tertiary sector was mainly due to the evolution of employment in the trade sector, restaurants and hotels. Indeed, between the second quarter of 2016-2017 and the second quarter of 2017-2018, the EI of the Commerce, Restaurants and Hotels division grew by + 6.8%. It is also worth noting the relatively high growth (+6.2%) of EI for the Financial Institutions. Non-Merchant Services also showed positive growth with a less pronounced increase (+ 2.8%).

The situation is very different for the secondary sector where all the branches showed a downward trend, with the biggest fall in the Industries (-2.1%), followed by the BTP (Buildings and Public Works -1.9%) and Electricity and Water (-0.1%).

The year-over-year gender analysis indicates that jobs benefited more men (+ 3.3%) women than (+ 1.1%).

Note : The quarterly Employment Index (IE) of the Haitian Institute of Statistics and Informatics (IHSI) provides information on changes in employment in public and private institutions. Calculated from the data provided by employers, this index can not provide information on the level of unemployment in the economy. It is only a trend indicator that gives an idea of the evolution of employment, especially in the formal sector.

See also :

https://www.haitilibre.com/en/news-24774-haiti-economy-the-employment-index-up-123-over-one-year-2017-2018.html

HL/ HaitiLibre