Elias Eljuri, President of Venezuela’s National Institute of Statistics said Thursday that about four million jobs have been created in Venezuela in the last 11 years, which shows the development of the country’s economy and the effective social policies promoted by President Hugo Chavez.
Eljuri stated,
“It’s a fact that the Venezuelan economy was not only able to totally absorb the new economically active population between 1999 and 2012, but it also absorbed almost 515,000 unemployed people to incorporate four million people [into the workforce] during this period.”
He highlighted the advances regarding job creation that are included in the Statistics Institute’s latest monthly report on unemployment in Venezuela, which lowered to 7.4 percent in June.
“A variation of 1.2 percentage points was registered between June 2011 and June 2012, which represents an increase of 441,042 employed people”, according to a report on yearly unemployment.
Additionally, the report highlights the unemployment rate decreased by almost 50% under the government of President Hugo Chavez, dropping from 15 percent in June 1999 to 7.4 percent in June of 2012.
The report also indicates that the quality of the jobs available has improved, and the sectors generating stable and productive employment have been consolidated. According to the report, the economically active population had an annual increase of 237,247 people, jumping from 13.25 million people in June 2011 to over 13.55 million this June.
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| President Chavez' performance as president shows in the overwhelming support he is receiving for the 2012 presidential elections. His nationwide campaign has been sweeping the farthest reaches of the country. The photo was taken when he campaigned in Lara State on July 14, wearing the colors of the Venezuelan flag. |
Polls continue to show President Hugo Chavez with a big double-digit lead over opposition candidate Henrique Capriles Radonski ahead of the October 7 presidential elections. In a sign of desperation, the opposition candidate distributed a forged military document this week via his Twitter account, attempting to provoke instability within the Venezuelan armed forces. The fake document was quickly denounced by the Chavez camp, though no legal action has been taken as of yet against Capriles for falsifying and disseminating an official document.
Source: MINCI/AVN via Correo del Orinoco
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