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Guyana

Guyana Labor Stats

Definitions

  • Child labor > Both sexes: Percentage of all children 5-11 years old who do at least one hour of econmic activity a week or at least 28 hours of househould chores. Children 12-14 are included if they peformed at least 14 hours of economic activiy or at least 28 hours of household chores.
  • Employment rate > Adults: Employment to population ratio is the proportion of a country's population that is employed. Ages 15 and older are generally considered the working-age population.
  • Firing cost > Weeks of wages: Firing cost is the cost of advance notice requirements, severance payments, and penalties due when terminating a redundant worker, expressed in weekly wages. One month is recorded as 4 1/3 weeks.
  • GNI > Current US$: GNI (current US$). GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars.
  • GNI > Current US$ per capita: GNI (current US$). GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Hours worked > Standard workweek: Standard workweek (hours).
  • Labor force: The total labor force figure
  • Labor force > By occupation: Component parts of the labor force by occupation.
  • Labor force per 1000: The total labor force figure. Figures expressed per thousand population for the same year.
  • Labor force, total: Labor force, total. Total labor force comprises people ages 15 and older who meet the International Labour Organization definition of the economically active population: all people who supply labor for the production of goods and services during a specified period. It includes both the employed and the unemployed. While national practices vary in the treatment of such groups as the armed forces and seasonal or part-time workers, in general the labor force includes the armed forces, the unemployed, and first-time job-seekers, but excludes homemakers and other unpaid caregivers and workers in the informal sector.
  • Labor force, total per 1000: Labor force, total. Total labor force comprises people ages 15 and older who meet the International Labour Organization definition of the economically active population: all people who supply labor for the production of goods and services during a specified period. It includes both the employed and the unemployed. While national practices vary in the treatment of such groups as the armed forces and seasonal or part-time workers, in general the labor force includes the armed forces, the unemployed, and first-time job-seekers, but excludes homemakers and other unpaid caregivers and workers in the informal sector. Figures expressed per thousand population for the same year.
  • Rigidity of employment index: The rigidity of employment index measures the regulation of employment, specifically the hiring and firing of workers and the rigidity of working hours. This index is the average of three subindexes: a difficulty of hiring index, a rigidity of hours index, and a difficulty of firing index. The index ranges from 0 to 100, with higher values indicating more rigid regulations.
  • Salaries and benefits > Hourly minimum wage: Hourly minimum wage at international USD (this means that discrepancies in purchasing power have been compensated for).
  • Salaries and benefits > Minimum wage: Minimum wage.

    No date was available from the Wikipedia article, so we used the date of retrieval.

  • Unemployment rate: The percent of the labor force that is without jobs. Substantial underemployment might be noted.
STAT AMOUNT DATE RANK HISTORY
Child labor > Both sexes 16% 2011 42nd out of 100
Employment rate > Adults 57.8 2008 81st out of 165
Firing cost > Weeks of wages 56.3 weeks of wages 2006 52nd out of 163
GNI > Current US$ $2.85 billion 2012 149th out of 176
GNI > Current US$ per capita $3,582.44 2012 103th out of 176
Hours worked > Standard workweek 40 hours 2014 83th out of 183
Labor force 333,900 2007 144th out of 164
Labor force > By occupation agriculture NA%, industry NA%, services NA% 2006
Labor force per 1000 433.41 2007 83th out of 161
Labor force, total 308,766.49 2012 159th out of 182
Labor force, total per 1000 388.21 2012 144th out of 182
Rigidity of employment index 21 2006 130th out of 165
Salaries and benefits > Hourly minimum wage $1.55 2012 79th out of 148
Salaries and benefits > Minimum wage G$ 35,000 per month, G$202 per hour; . 2014
Unemployment rate 11% 2007 14th out of 96

SOURCES: United Nations Children's Fund. Source tables; International Labour Organisation, Key Indicators of the Labour Market database.; World Development Indicators database; World Bank national accounts data; World Bank national accounts data. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; Wikipedia: List of minimum wages by country (Countries) ("Country Reports on Human Rights Practices for 2013" . State.gov . Retrieved 2014-03-04 .); CIA World Factbooks 18 December 2003 to 28 March 2011; All CIA World Factbooks 18 December 2003 to 18 December 2008; CIA World Factbooks 18 December 2003 to 28 March 2011. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; International Labour Organization, Key Indicators of the Labour Market database.; International Labour Organization, Key Indicators of the Labour Market database. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; Wikipedia: List of minimum wages by country (Countries)

Citation

"Guyana Labor Stats", NationMaster. Retrieved from http://www.nationmaster.com/country-info/profiles/Guyana/Labor

  • Guyana ranked second for workers' remittances and compensation of employees > received > US$ > per $ GDP amongst Hot countries in 2005.
  • Guyana ranked 7th last for labor force, total amongst Former British colonies in 2012.