Job Market
According to the Virgin Islands' Department of Labor, the size of the local workforce is almost 50,000 people. In 2009, it was reported that the unemployment rate was 7.8%. Hovensa is also a large-scale employer after the government of the Virgin Islands.
Read more about this topic: Economy Of The United States Virgin Islands
Famous quotes containing the words job and/or market:
“The American people are doing their job today. They should be given a chance to show whether they wish to preserve the principles of individual and local responsibility and mutual self-help before they embark on what I believe to be a disastrous system. I feel sure they will succeed if given the opportunity.”
—Herbert Hoover (1874–1964)
“When General Motors has to go to the bathroom ten times a day, the whole country’s ready to let go. You heard of that market crash in ‘29? I predicted that.... I was nursing a director of General Motors. Kidney ailment, they said; nerves, I said. Then I asked myself, “What’s General Motors got to be nervous about?” “Overproduction,” I says. “Collapse.””
—John Michael Hayes (b. 1919)