Dr Jules highlighted said certain instances of failure occur because ordinary public sector workers cannot teach the skill of entrepreneurship. “Sometimes we set up ourselves for failure if we give people to do things for which they are not well suited. I see sometimes governments setting up in ministries’ units to do entrepreneurship, but public servants cannot teach entrepreneurship.
OECS To Get Centre For Entrepreneurship Training
It is a different type of approach and culture of work and mindset. To be the best entrepreneur is somebody who has failed, succeeded, picked up and gone on.” Jules gave further details of where the centre and coordinators will be throughout the OECS.
OECS to get centre for entrepreneurship training British billionaire Richard Branson will assist in building a centre to train entrepreneurs in the Organization of Eastern Caribbean States (OECS).Director General of the Organization of Eastern Caribbean States, Dr Didicus Jules said while this had not been broadcast to the public as yet, dialogue with the mogul had begun. “We have not announced it publicly yet, but I had discussions with Sir Richard Branson and he has agreed to set up an OECS centre for entrepreneurship.”
Unemployment to Rise
in Caribbean in 2017
The International Labour Organization (ILO) is predicting that unemployment in Latin America andUnemployment the Caribbean will to riseRise to 8.4in per cent this year. The ILO has released its World Employment Social Outlook, indicating that global unemployment levels and rates are expected to remain high in the short term, as the global labour force continues to grow. “In particular, the global unemployment rate is expected to rise modestly in 2017, to 5.8 per cent from 5.7 per cent in 2016, representing 3.4 million more unemployed people globally bringing total unemployment to just over 201 million in 2017.” It said that the increase in unemployment levels and rates in 2017 will be driven by deteriorating labour market conditions in emerging countries as the impacts of several deep recessions in 2016 continue to affect labour markets in 2017. “In fact, the number of unemployed people in emerging countries is expected to increase by approximately 3.6 million between 2016 and 2017 during which time the unemployment rate in emerging countries is expected to climb to 5.7 per cent, compared with 5.6 per cent in 2016.” BusinessFocus Feb /Mar
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“We are going to have the head of the centre and an itinerant trainer located in Dominica. And, located in each OECS country will be a coordinator, and that coordinator will be responsible for working with the cohort in that country who wants to be a part of that sector.” Support for entrepreneurs will be available online according to Jules. “All of the initial work will be done online, and there is a website you can go on for guidance, in terms of developing your business plan. You get advice and then you go through a process of elimination. So we end up with 10 persons from each OECS country for a core of 100, at a time, as official students of the Branson Centre. They will get mentoring support, marketing support and all of the supporting systems will be in place to help you grow your business,” Dr Jules said. ¤ Courtesy: Antigua Observer
The ILO said that of notable concern are developments in Latin America and the Caribbean, where the unemployment rate is expected to rise by 0.3 percentage points in 2017, to reach 8.4 per cent. The ILO report notes that in several Caribbean Community (CARICOM) countries, the percentage of those who are looking for work but unable to finds jobs in 2017 will range from four to six per cent in Trinidad and Tobago to above 17 per cent in islands like St Lucia and St. Vincent and the Grenadines.
Caribbean in 2017
The ILO report notes that in Caribbean countries like Guyana, Haiti, Barbados and Suriname, the percentage of people looking for work is between nine to 13 per cent, while in the Bahamas the figure is between 13-17 per cent. The report also notes that discontent with the social situation and lack of decent job opportunities are both factors that play a role in a person’s decision to migrate. “In fact, between 2009 and 2016, the share of the working-age population willing to migrate abroad permanently increased in every region of the world except for Southern Asia and SouthEastern Asia and the Pacific. “The largest increases over this period took place in Latin America and the Caribbean and the Arab States. Overall, the share of people willing to move abroad remained the highest in subSaharan Africa, at 32 per cent, followed closely by Latin America and the Caribbean and Northern Africa, at above 30 per cent and 27 per cent, respectively,” the ILO report added. ¤