Story perspectives

Jamaica Urged to Upskill Workforce for Economic Growth

2/2/2025

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Summary

Story summary

Jamaica's private sector has experienced low productivity growth of 0.5% annually from 1980 to 2020, limiting economic potential.
Investing in employee upskilling is vital for enhancing productivity and competitiveness, especially in tourism and agriculture.
The World Economic Forum recommends prioritizing technology, green economy skills, and leadership training for workforce readiness.
Successful global upskilling initiatives offer valuable models for Jamaica to enhance its workforce.
Addressing challenges like digital literacy and infrastructure is essential for realizing Jamaica's Vision 2030.

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Story summary

Jamaica's private sector has experienced low productivity growth of 0.5% annually from 1980 to 2020, limiting economic potential.
Investing in employee upskilling is vital for enhancing productivity and competitiveness, especially in tourism and agriculture.
The World Economic Forum recommends prioritizing technology, green economy skills, and leadership training for workforce readiness.
Successful global upskilling initiatives offer valuable models for Jamaica to enhance its workforce.
Addressing challenges like digital literacy and infrastructure is essential for realizing Jamaica's Vision 2030.