Saint Lucia has problems with high unemployment, especially among young people. Since the global financial crisis in 2008, it has commuted around 20 percent. Among young people it is more than twice as high.
- According to ABBREVIATIONFINDER, LCA stands for the country of St. Lucia in geography.
The many unemployed are mainly due to the downturn in the banana industry (see further Economic overview).
Most of the workforce is found in the service sector – the tourism industry alone employs about half the workforce. Around a quarter are employed in industry, while one-tenth is working in agriculture and fishing.
- COUNTRYAAH: List of key population facts of St. Lucia, covering most basic population data, religion statistics, and language profiles.
Most public employees and one third of private employees are unionized. Wages are determined through collective bargaining between unions and employers.
FACTS – LABOR MARKET
20.5 percent (2019)
44.3 percent (2019)