‘St. Lucia’s Resilience Is Quite Impressive’

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St. Lucia’s new prime minister takes over when the nation is pregnant with potential following significant, unexpected economic recovery, says Joseph Boll, CEO of Caribbean Employment Services Inc.

The chief executive of the market-leading digital talent acquisition service notes that St.
Lucia’s recovery forced even the Economic Commission for Latin America and the Caribbean (ECLAC) to go back to the drawing board as the country shattered its earlier projections regarding employment in the region in a “post-COVID” economy.

“St. Lucia’s resilience is quite impressive, given that its unemployment has dropped even
below pre-pandemic levels,” says Boll, “and dozens of employers are reporting employee
retention and new hires in spite of the intense economic challenges, plus increasing
competition from foreign employers.

“Indeed, the country’s astounding economic success seems to have come from out of
nowhere. We have seen countries like Guyana, with major government hiring sprees and
such a strong projection of growth that economists believe it will have a labour shortage
before the end of this year. But St. Lucia has more ‘quietly’ exceeded economic
expectations.”

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Early last year, the ECLAC projected that both employment and economic growth in the
Caribbean at large would be somewhat stunted for 2022.

However, it has since revised its initial projections and now estimates St. Lucia “will realize the highest GDP growth among Eastern Caribbean Currency Union (ECCU) member states in 2022.”

This as St. Lucia’s most recent Labour Force survey, covering the period January to March
2022, “estimated the national unemployment rate stood at 16.1 percent.”

In comparison, for the past six years before the pandemic, unemployment stood at around 20 percent consistently, marking an improvement even in significantly challenging times.

Further, Chamber of Commerce, Industry and Agriculture reported that some 83 of its
membership retained and added more jobs during Q1 2022.

This is also significant as the Great Resignation in North America and severe labour shortages in the UK have resulted in intense recruitment of Caribbean workers particularly for the first half of this year.

Boll notes, “Where other Caribbean nations are beginning to run the risk of labour shortages as a result of competition from foreign workers, it’s incredible that St. Lucia is doing so well in terms of employment.

“The Honourable Prime Minister (Philip Pierre) has taken over at an opportune time and we
look forward to continued successes in this regard.”

SOURCE: Caribbean Employment Services Inc. Headline photo: Joseph Boll

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Editorial Staff
Editorial Staff
Our Editorial Staff at St. Lucia Times is a team publishing news and other articles to over 200,000 regular monthly readers in Saint Lucia and in over 150 other countries worldwide.

18 COMMENTS

  1. Please St Lucians read what this guy says with a heavy grain of salt. There is no data from the IMF, the ECCB, the World Bank and ECLAC ( the latter is part of the United Nations) to say that St Lucia GDP is doing well and has exceeded expectations. This CEO guy from an employment agency is here beating his mouth for SLP and making endless grand statements about employment in the UK. Tell me how many people do you know that took up employment in that country in the last year or so or in the US? Very few. In fact even in the services like teaching and social work where they are crying shortages, most companies cant offer visas for workers. This guy is so full of it!! We in St Lucia just like the rest of the caribbean is in sheet street and neck deep in “caca.”

  2. Unemployment is estimated at 16,1%. How did they arrived at this figure? The way things are looking in this country unemployment is much higher than that. Have the census been completed already? With all the hand outs that have been giving out both by government and private sectors to students and the communities one could differ. Plus the amount of remittances from loved ones overseas is helping St Lucia economy. My sister and I are still unemployed since Covid and family overseas that are helping me my sister and my mom. So to come here and believe it is because of government St Lucia is doing well when the government has not open any business to hire people. It is all the people doing by finding ways whether by family and friends or illegal drug trade. Remember that government said see for ourselves so do not give them props.

  3. UWP ka toufé! Good news is like bad medicine to them. Just now we’ll see them posting “what about …” or “that’s because of UWP”. Nonsense! If it were bad news, y’all will never take credit for it. So, like The Most Honourable Lucian Highgrade” will say, go cry me a freaking river because there is more good news to come.

    • You clearly do not understand how politics works. Just drink everything you read. Go back to the details and read. Not here the actual report that’s hundreds of pages long. 16%?????????? Garbage just like they say inflation is at 6%. If unemployment is at 16% then that confirms the sudden infiltration of the drug trade in island.

      Go read the pages and come back and comment

    • What do you understand by this? Please read with your upper brain.

      “The Honourable Prime Minister (Philip Pierre) has taken over at an opportune time and we
      look forward to continued successes in this regard.”

      “……… taken over at an opportune time……”
      “……… and we look forward to CONTINUED SUCCESSES in this regard.”

    • So any ‘johnny come lately’ can jump up and start touting the SLP using dramatic words like ‘impressive ‘ and ‘outstanding ‘ based on reports about expected events for the economy (which may never happen) and the so obvious addition to hiring post pandemic by local businesses.
      Any junior marketing/PR professional reading this blatant brown nosing article can tell you this CEO clearly has ‘skin in the game’s and is simply singing for his supper. Would someone please inform us who this individual is and what he intends to gain from this nonsense. Or was it written after a few rum and cokes in a Rodney Bay bar!
      The reality of Inflation, of declining wages, of a complete loss of cruise ships for the summer 2022 (now gone), the loss of a recent US flight , the lack of information for the coming Winter cruise ship and stay over arrivals all indicate anything but an expected post pandemic recovery.
      This article would make sense in mid 2023 IF we were to see a significant increase in tourism numbers – of which the tourism authority has nothing to say to date.
      An empty article which does not mesh with reality but with the agenda of the individual.
      The previous Min of Tourism Fedee would regularly update the citizenry of monthly figures whether positive or negative. Why nothing from the one now at the helm – because he only has gloomy figures to report and no progress.
      The history of the SLP for 30 years is replete with mismanagement and nothing has changed.

    • I repeat. If it were negative news, all of y’all UWPs would come out the woodwork and lambaste. Now with good news, y’all want to take credit. Sorti La! My government’s prudence has brought about the positive change. Full stop! No ifs, ands, or buts! Go and cry your tears somewhere else because sympathy does not live here!

      • What do you understand by this? Please read with your upper brain.

        “The Honourable Prime Minister (Philip Pierre) has taken over at an opportune time and we
        look forward to continued successes in this regard.”

        “……… taken over at an opportune time……”
        “……… and we look forward to CONTINUED SUCCESSES in this regard.”

      • “The Honourable Prime Minister (Philip Pierre) has taken over at an opportune time and we
        look forward to continued successes in this regard.”

        did you thoroughly understand or are you just asinine

    • @saurati, what are you trying to say with all what you quoting there am curious? You calling people idiot am curious to know what your understanding of the quote is.

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