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February 20, 2006
IMF: Caribbean Has Lost 70 Percent of Skilled Work Force
The Jamaica Gleaner reported February 20, 2006 that An International Monetary Fund (IMF) working paper has suggested that there is evidence of high emigration and brain drain from the Caribbean."
"The paper says Caribbean countries have lost 10-40 per cent of their labour force to emigration to Organisation for Economic Cooperation and Development (OECD) member-countries."
"The migration rate is particularly high for the high-skilled," the Gleaner reported.
The publication said the IMF found that, "Many countries have lost more than 70 per cent of their labour force, with more than 12 years of completed schooling - among the highest emigration rates in the world."
For more, please see "'Major brain drain' - IMF says Caribbean has lost 70 per cent of workforce."
Posted by Munir Umrani at February 20, 2006 09:47 PM
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