Unemployment rate in the country has dropped.
The Fiji Bureau of Statistics has released the preliminary findings of the 2015-2016 Employment and Unemployment Survey, that show Fiji’s unemployment rate declined to 5.5 per cent in 2015-2016, down from 7.1 per cent in 2010-2011.
The 2015-2016 rate of unemployment is the lowest on record in Fiji, over the last 15 years.
Attorney-General and Minister for Economy pointed to the drop in unemployment, as clear evidence that the record growth achieved by the Fijian economy was inclusive, and that ordinary Fijians were feeling the full benefits of Fiji’s economic development.
He described the decline in unemployment as a major milestone in Government’s strategic plan, for Fiji’s national development over the long-term.
The FBOS survey also reported on school participation, and showed a decrease of 9.1 per cent in Fijians that had left school in 2015-2016, compared to 2010-2011.
The percentage of dropouts that had left the education system due to financial constraints, had also dramatically dropped from 31.9 per cent in 2010-2011, to 4.8 per cent in 2015-2016.