Saint Lucia records significant drop in unemployment under Pierre administration

Saint Lucia has recorded a significant decline in unemployment since 2021, according to the latest labour data, with officials crediting economic policies implemented under Prime Minister Philip J. Pierre.

When the administration took office in July 2021, Saint Lucia was facing economic instability, supply chain disruptions, and rising inflation. Despite these challenges, the government moved forward with policies aimed at stimulating growth and expanding employment opportunities.

According to the 2025 Annual Labour Force Survey, Saint Lucia’s unemployment rate fell to 12.6 percent in 2025, down from 21.9 percent in 2021. The survey also reported an employed labour force of 100,210 in 2025 and a total labour force of 114,708 in 2024, the highest level recorded during the five-year period under review.

The data further showed that unemployment averages for 2024 and 2025 represented the first and second lowest annual levels in the past 25 years. Fourth-quarter unemployment rates of 8.8 percent in 2024 and 10.8 percent in 2025 were also the lowest recorded for that period in more than two decades.

Figures from the National Insurance Corporation (NIC) reflected similar trends. Active insured persons increased from 55,017 in 2020–21 to 60,133 in 2021–22 and 61,851 in 2022–23. Officials said the upward movement indicates more Saint Lucians entering the workforce and contributing to the national system.

Government officials also pointed to US$4.2 billion in direct investment, particularly in the tourism sector, as a major factor in job creation. The investment fueled construction activity, supported suppliers, and increased hiring across multiple industries. The labour force report indicated that Saint Lucia’s labour force expanded by 12.9 percent between 2021 and 2025, with strong gains recorded in accommodation and food services.

Several government initiatives were also cited as contributing to employment growth, including the Youth Economy Agency, the Community Tourism Agency, and the MSME Loan Grant Facility. These programs were designed to support entrepreneurs and small businesses and encourage job creation.

Officials say the figures reflect increased employment opportunities, expanded household income, and broader economic activity across the island.

The administration, which came to office with a people-first mandate, says the latest labour statistics demonstrate continued progress toward improving economic conditions and expanding opportunities for Saint Lucians.