With respect to labor market conditions, the unemployment rate has remained at a high level, and the ratio of job offers to job applications has recently eased. In October 1997, overtime working hours fell below the previous year’s level for the first time since August 1994, and the growth in employment and nominal wages has recently been slowing gradually, reflecting weak production.
Caroline Abel: Dissemination of provisional results – National Bank of Seychelles' Population & Housing Census 2022 Opening remarks by Ms Caroline Abel, Governor of Central Bank of Seychelles, at the dissemination of the provisional results of the Population and Housing Census 2022, Eden Island, 31 August 2022.