During the first quarter of 2019, employment rates have increased according to the Maldives Monetary Authority (MMA).
Findings from a survey were done across multiple industries including, tourism, construction, industrial, wholesale and retail industries by MMA has shown that there has been an increase in the employment rate compared to the previous quarter.
According to 58 companies from the tourism sector, the employment rate has increased and is said to grow in the following quarter as well. Also, 35 companies from the construction sector believe the employment rate has increased while 31 companies disagree, and 34 companies have stated that their employment rate has decreased in the first 3 months.
When looking into the industrial sector, 19 companies have seen growth in their employment rates while 79 companies said the rates remain constant. From wholesale and retail industries only 27 companies have seen an increase in their employment rates.
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