01.10.07

Seychelles employment increases by 14%

Posted in Business and Economy, Seychelles offshore jurisdiction at 3:37 pm by Robert Klien

In accordance with the statistical bulletin released by the National Statistics Bureau (NSB) on January 4, 2007, there was an increase in the number of people employed in Seychelles – the rate went 13.8% up.

The NBS publication says that the increase represents 4,726 more workers recruited between January and September 2006.

Besides the formal employment of home carers and beautification programme workers, hotel and construction industries account for the other major increases. There was an increase of 913 more workers in the construction industry, while the hotel industry registered an increase of 335 more workers during the same period.

According to the statistical bulletin by the NBS, increases in the number of employees were recorded in all industries with the exceptions only in education and mining and quarrying.

As to average earnings for all sectors, the NBS says that comparing January – September 2006 with the same period in 2005 they increased by 1.8%.

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