Information Americas, Kingston, Jamaica, Thurs. Nov. 19, 2020: Jamaica has recorded a close to 12 per cent financial decline prior to now quarter because the influence of the COVID-19 pandemic worsens.
The Planning Institute of Jamaica stated right now that the island had recorded an 11.3 per cent financial decline for the second quarter when in comparison with the identical interval final yr.
The PSOJ stated that lots of the main industries, equivalent to these within the service industries, particularly the lodge and eating places sector, proceed to expertise declines in earnings.
The state of affairs has been exacerbated by the reductions in revenue as a consequence of job losses and diminished work hours.
Jamaica has over 10,000 COVID-19 circumstances and 233 deaths, including two new deaths prior to now 24 hours.