Auty, Richard, and Alan Gelb, “Oil Windfalls in a Small Parliamentary Democracy: Their Impact on Trinidad and Tobago,” World Development, Vol. 14, No. 9 (London), 1986.
Central Statistical Office, “Labor Force Report 1991,” Continuous Sample Survey of Population - Publication No. 75, (Port of Spain: Office of the Prime Minister, 1991).
Hilaire, Alvin, “The Effects of Trinidad and Tobago’s Oil Boom on Relative Prices, Wages and Labor Flows,” Social and Economic Studies, Vol. 41, No. 2 (Kingston), June 1992.
Lindbeck, Assar, and Dennis J. Snower. The Insider-Outsider Theory of Employment and Unemployment (Cambridge, Massachusetts: The MIT Press, 1988).
The labor force includes all persons of 15 years or older and who classify themselves as being in the labor force. The household surveys are conducted on a quarterly basis by the Central Statistical Office.
Search unemployment also can explain unemployment of short duration. Because temporary unemployment requires at least some search process, search unemployment and temporary unemployment might be undistinguishable in the short term, unless specifically differentiated in household surveys. See Summers (1990).
For instance, in the United States the longer persons remain unemployed the more difficult it becomes for them to be re-employed. As a result, these persons are more likely to join the ranks of the hard core unemployed. See Summers (1990).
As explained by Lindbeck, et al. (1988), labor market rigidities explain in part the high unemployment in some industrial countries.
See Section VI for details on the various social safety net programs in Trinidad and Tobago.