Kingston, Jamaica — 11 February 2026
Jamaica’s unemployment rate stood at 3.3 per cent in October 2025, according to the Statistical Institute of Jamaica (STATIN), reflecting one of the lowest levels recorded in the country’s modern labour history. The data, collected prior to late-October national disruption, shows 1,413,200 people employed and 48,800 unemployed. For a country rebuilding momentum, the figures signal stability — with implications for housing demand, construction activity, and long-term property confidence.
STATIN reported that overall employment levels were largely unchanged year-on-year, while the labour force participation rate edged slightly lower to 67.8 per cent. The number of people outside the labour force rose modestly. Notably, male labour force participation declined, while female participation increased.
At first glance, low unemployment suggests economic strength. In property terms, steady employment underpins mortgage qualification, rental affordability, and…
