Jamaica 1990s economy

Analysis

Jamaica’s Great Pandemic Reset: Housing, Hardship and Hard Numbers, 2020–2022

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When COVID-19 arrived in Jamaica on March 10, 2020, it triggered the island’s worst economic contraction in almost four decades, collapsing tourism revenues by 65 per cent and pushing unemployment to 12.6 per cent within months. Yet the same years produced a housing market of surprising tenacity, record-breaking diaspora remittances, and a digital transition that compressed a decade of behavioural change into eighteen months.