The 58.4% of the labor market Dominican concentrated during the first quarter of 2022, mainly in four sectors: trade (21.2%), other services (19.0%), industry and free zones (9.9%) and construction (8.3%), according to the National Continuous Labor Force Survey (ENCFT) carried out by the Central Bank of the Dominican Republic.
Of the 4 million 640 thousand people employed recorded by this survey in the period from January to March of this year, both in the formal and informal sectors, 983,930 work in commerce.
The second sector that groups the activities to which they are dedicated 880,164 people is “other services”that is, companies of various sizes such as contact centers, MSMEs in the creative industry (digital services, design, culture, fashion), as well as beauty salons and barbershops.
The industrial sector, which in this survey considers local manufacturing, manufacturing of free zones and mines, registered a total of 460,379 employedwhile of the people dedicated to construction, a total of 383,331 employees were registered during the analyzed period.
These numbers reflect that industry, commerce and services have become the main engine of employment.
In a note, the Minister of Industry, Commerce and Mipymes, Víctor -Ito- Bisonó, considered as The public policies promoted by the Government of President Luis Abinader are correctwhich is reflected in more private sector investment motivated by confidence in the country’s economic recovery.
“We are proud of the contributions to development that we have promoted from the MICM with a surprising reactivation of industry, commerce, free zones, local manufacturing, storage and MSMEs, as also indicated by the numbers of the Central Bank”, said Bisonó .
