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Barbados delivers benefits to 88% of its unemployed: CARICOM BUSINESS

Barbados leads the Region in protecting its citizens during the pandemic through unemployment payments, delivering benefits to 88% of unemployed workers, while The Bahamas captured about 26%.

That’s the information contained in the World Bank’s report, titled “Employment in Crisis” which asserts that only about one-third of the countries in Latin America and the Caribbean (LAC) offer a national unemployment income support plan.

The Bahamas and Barbados “offer unemployment insurance in the form of contributory risk-pooling plans.” (NG)

Extract from CARICOM BUSINESS Newsletter, Vol 4 No 24

Please click on Image or Link below to read full Newsletter

Caricom Business June 19, 2021-vol-4-no-24

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