MAMOSE REGION LEADS JOB GROWTH IN PNG

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PORT MORESBY, Papua New Guinea (The National, Jan. 6) – The Mamose region of Papua New Guinea enjoyed the highest job growth in the first half of 2003, while the National Capital District shed the most jobs.

Employment grew by 40 percent in Mamose but dropped by 2.9 percent in NCD during this period, according to Bank of Papua New Guinea’s September economic quarterly bulletin.

Jobs grew in all sectors in Mamose, in Northwestern PNG, due to increased activity in the fishing sub-sector following the construction of new storage facilities.

Among the report’s highlights:

The bank’s report also said that increased employment in Mamose was due to the engagement of casual laborers associated with the improved coffee harvest, and increased activities in the construction and wholesale sectors.

Meanwhile, employment in the Islands region grew by 11.4 percent percent, aided by improved fishing and logging activities and production of cocoa.

The report said a jobs decline in the transport sector had been due to reduced activity in sea transport, "combined with downsizing in the air transportation sub-sector."

By contrast with these areas 2.9 percent of jobs were lost in NCD with falls experienced in retail, transportation and other service sectors, especially financial services which was hit by company rationalizations.

The Morobe region also shed 1.6 percent of its employment in the year to June compared with an increase of 10.1 percent in the previous year.

Downsizing in the agriculture and construction sectors contributed to the decline in employment, the report said.

January 6, 2004

The National: www.thenational.com.pg/

 

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