Labour Market Analysis Sint Maarten
Panteia has recently completed a labour market analysis for the government of Sint Maarten. The report provides valuable insights into the recovery of the labour market following the impact of hurricanes and the COVID-19 pandemic. The analysis indicates that Sint Maarten's economy and labour market are bouncing back, with a notable increase in the number of companies and employment levels.
The study highlights that, by 2022, both the number of companies and jobs had grown significantly compared to previous years, particularly in sectors like hospitality and retail. However, challenges such as high youth unemployment, a shortage of skilled workers, and informal labour remain. The research also explores the mismatch between labour demand and supply, suggesting policy recommendations to close these gaps.
The report provides an extensive forecast for the labour market until 2027 and offers strategic insights to strengthen the workforce, improve education systems, and enhance social security. Panteia is proud to contribute to Sint Maarten’s recovery by providing data-driven insights for future policy development​.
"Our research shows the resilience of Sint Maarten's labour market but also highlights the need for better collaboration between education and the labour market, reducing informal work, and tackling youth unemployment to build a stronger workforce." — Douwe Grijpstra, project director, Panteia
The report was published on the government website of Sint Maarten, under ‘Health, Social Development and Labor Ministry’, titled Labor Market Analysis Sint Maarten.
