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Jamaica, which had seen its poverty rate drop almost 20 percent over two decades, saw it increase by eight percent in a few years. The unemployment rate in Jamaica is approximately 6.0% (April 2022, Statistical Institute of Jamaica), with youth unemployment more than twice the national rate, albeit trending downwards (15%).
The U.S. State Department recently issued travel advisories designating Jamaica as “Level 3: Reconsider Travel” and the Bahamas as “Level 2: Exercise Increased Caution” destinations.
Tourism is one of the region's major economic sectors, with 25 million visitors contributing $49 billion towards the area's gross domestic product in 2013, which represented 14% of its total GDP. This puts the region twelfth in the world in terms of tourism's absolute contribution to GDP, but first as a proportion of GDP.
Tourism in Jamaica This page was last edited on 25 November 2021, at 00:03 (UTC) . Text is available under the Creative Commons Attribution-ShareAlike 4.0 License ; additional terms may apply.
In 2010 the labor force participation rate in the Caribbean was 77% and in 2011 it was recorded that GDP per capital in the Caribbean communities average near $10,000. Due to the lack of economic opportunity and low GDP per capital levels, Caribbean people are traveling in large numbers to developed countries.
Jamaica is an upper-middle-income country [15] with an economy heavily dependent on tourism; it has an average of 4.3 million tourists a year. [20] Jamaica is a parliamentary constitutional monarchy, with power vested in the bicameral Parliament of Jamaica, consisting of an appointed Senate and a directly elected House of Representatives. [9]
When the Spanish occupied Jamaica, Montego Bay was an export point for lard, which was obtained from wild hogs in the forests. In many of the early maps of Jamaica, Montego Bay was listed as "Bahia de Manteca" (Lard Bay). The parish was given the name "St. James" in honour of King James II by Sir Thomas Modyford, the island's first English ...
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