Government of the Virgin Islands of the United States
Department of Labor
|Bureau of Labor Statistics|
|Quarterly Census of Employment and Wages Report (QCEW)||Local Area Unemployment Statistics (LAUS)||Mass Layoff Statistics (MLS)||Current Employment Statistics||Occupational Employment Statistics|
The Local Area Unemployment Statistics program produces monthly employment and unemployment estimates. These estimates are key indicators of local economic conditions. They are used by state and local governments for planning and budgetary purposes and as determinants of the need for local employment and training services and programs. They are also used to determine the eligibility of an area for benefits under various Federal assistance programs.
The LAUS estimates are based on data from a number of different sources. Primary source data for the creation of employment and unemployment estimates include the Current Employment Statistics (CES), the Unemployment Insurance System (UI), the Quarterly Census of Employment and Wages Report of Employment (QCEW), and the Decennial Census.
Virgin Islands Labor Market in Perspective, 2006-2007 .....
The territory’s unemployment rate remained relatively stable between 2006 and 2007, edging down modestly by two percentage points, from 6.1 to 5.9 percent.
We have observed a growth in total employment, from 48,495 to 49,547. In the private sector, increases primarily in the leisure and hospitality industry, in trade, business and miscellaneous maintenance services offset declines in other industry divisions. Public sector also grew by 238 to 12,698 over this period, with 92 percent of this gain in the territorial government. However, the island’s labor force also expanded from 52,137 to 52,670, thus diminishing the effect of employment growth on the jobless rate.
Both the St. Thomas – St. John and the St, Croix districts exhibited the same trends, posting slightly lower rates between 2006 and 2007, at 5.0 and 7.1 percent respectively.
|St. Thomas/St. John Statistics||St. Croix Statistics||V.I. Statistics|
|National and Territory Unemployment|
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