Will the PNP create more jobs for Jamaicans as promised?
One of the most important aspects of human life is being able to provide for one’s self and one’s family. Basics such as shelter, food and water all (depending on where or how you live) have level of value attached to them. Being able to afford the basics and maybe expanding to experiencing some “comforts” is practically the whole point of living. Taking this ability away or, to be more accurate, not providing the means to earn a decent wage could severely an individual’s capability, and sometimes desire, to contribute positively to the wider society. Unfortunately my home country, Jamaica, is especially hit hard by the lack of opportunities for work right across the societal spectrum.
One job post in let’s say middle management would have thousands upon thousands of applicants from varying backgrounds and levels of experience. And if a person is lucky enough to acquire said job then the actual negotiation of fair compensation and benefits might prove difficult for, as mentioned just above, there are literally thousands of people waiting to take your spot. This harsh reality has led to the mass migration, over many decades, of skilled and unskilled workers while subjecting the ones left behind to severe underemployment.
Quite a dire situation, however things are looking up. The Jamaican government led by Prime Minister Portia Simpson-Miller has reported that with the conclusion of the country’s tenth successful review under the current International Monetary Fund, IMF, deal and the Government now having more money to spend on growth oriented projects. Growth oriented projects which would have need to employ more of the populace, a continuation of a trend observed in 2014, with some 23,500 jobs being created since the beginning of this year with the potential to rise to over 100,000 jobs when all projects are completed.
This is fantastic news as anyone with a passing knowledge in how economics work would be aware that the more people are working then the more they would spend and the more they spend the better off the Jamaican economy would be 1 + 2 = 3. In addition, more jobs would have the trickle-down effect of boosting public morale over time. Nothing can be greater than the belief that you can find your fortune in your home country, that if you work hard you will enjoy the spoils of your labour. But will it happen? Will the PNP create more jobs as promised? Well, while you cannot be 100% sure, every indicator shows that the country is continuing to move in the right direction.
No better indicator than, according to the World Bank Doing Business Report 2016, Jamaica is now the best place to do business in the Caribbean and was among the top 10 improving countries in the world in 2015 for doing business. This on top of the fact that the Jamaican economy is more stable with the rate of inflation for the 12 months to September 2015, being 1.8 per cent – the lowest level in 48 years. Signs that there is progress being made and to change course now would be detrimental to not only the policies currently being acted upon but the people of Jamaica.