US Virgin Islands Ocean Economy: Employment Statistics and Economic Impact Revealed
Monday, 15 July 2024, 18:12
US Virgin Islands Ocean Economy Report
The latest data released by the National Oceanic and Atmospheric Administration (NOAA) reveals insightful statistics about the ocean economy in the US Virgin Islands.
Key Points:
- Employment Impact: 21% of the local workforce is employed in ocean-related industries.
- Revenue Generation: The sector generates $1.1 billion in wages, reflecting its substantial economic contribution.
The report underscores the significance of the ocean economy in the USVI and its potential for further growth and development. Strategies aimed at leveraging these opportunities can enhance the region's economic stability and job market.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.