The Employment Index (IE) of the IHSI (Haitian Institute of Statistics and Informatics) provides information on changes in employment in public and private institutions during the reference quarter. It is a simple index, calculated as the ratio of the total workforce for the current quarter to the base quarter. EI is obtained from a sample of leading institutions representing different sectors of the country (public, private, NPI, etc.). The evolution of employment in these institutions is monitored quarterly
Saturday, January 12, 2019 ((rezonodwes.com)) – The Employment Index of the fourth quarter of fiscal year 2018 shows a significant decline year-over-year , passing from the level of 103.1 in July – September 2017 to 99.9 in July – September 2018, a negative annual variation of 3.1%, revealed the Haitian Institute of Statistics and Informatics.
This interannual decline is attributable to all institutional sectors.
No sector is spared in the overall decline in the Employment Index in the fourth quarter of the 2017-2018 fiscal year. The public sector is the most affected with a year-to-year decline of 3.9%.
Indeed, the level of public sector EI increased from 104.6 to 100.5 in one year. The other two institutional sectors (Non Governmental Organizations / International Organizations and Private) are doing no better. The level of NGO / OI sector EI increased from 104.6 in July – September 2017 to 103.5 in July – September 2018, a decrease of 1.1% year-on-year. For its part, the year-to-year decline in the Private Sector Employment Index is 0.7%. The decline in the Public Sector Employment Index for the fourth quarter of fiscal year 2018 is directly attributable to the drop in its Public Administration component.
The level of the IE of the Public Administration increased respectively from 104.1 to 99.6 between July – September 2017 and July – September 2018, a decrease of 4.3%. The other component of this sector, state-owned enterprises, rose by 5.4%, from 113.9 to 120.0. For its part, the Employment Index of the NGO / OI sector, after three consecutive quarters of slowing down, eventually regressed.
The two components of the sector contribute to its 1.1% decline between the fourth quarter of the year 2017 and the fourth quarter of the year 2018. Over the period, the level of NGO EI increased from 105.3 to 104.5, a decrease of 0.8%. For its part, the EI of the IOs, accentuating the fall, decreased by 33.3% year-on-year.
For a second consecutive quarter, the secondary sector suffered a fall, followed this time by the tertiary sector, which is also experiencing a decline. Secondary sector EI drops 4.3% year-over-year. The level of its IE has increased from 98.7 in July – September 2017 to 94.5 in July – September 2018. The Tertiary Employment Index shows a negative annual variation of 3.0%. All components of the secondary sector posted downward trends.
The Employment Index of the Buildings and Public Works Division, which fell by 7.7% and Industry 5.0%, contributed significantly to the 4.3% drop in the sector. The negative annual variation of 0.4% in the Electricity and Water business strengthens the downward trend.
As for the tertiary sector, the fall of its IE of 3.0% is caused by the decline observed in IE of the Non-Merchant Services and Financial Institutions branches. The Employment Index level of the Non-Merchant Services division increased from 104.2 in the fourth quarter of 2017 to 99.9 in the fourth quarter of 2018, a drop of 4.1%.
The Financial Institutions branch fell by 0.6% for the same period.