by Nick Delgado
Guam - Statistics from the employment report in the latest quarter show the number of jobs on Guam increased and has recovered to the total it was one year ago. Chief economist Gary Hiles says the composition has changed with more jobs in services and fewer in construction.
He says the job market for Guam has recovered since last year's tsunami disaster in Japan. Hotel employment increased 160 jobs and other services up 200 jobs. "I'm looking at steady economy going forward subject to a little bit of variability depending on how the contracts are issued related to the buildup and how tourism continues to recover in the Japan market, and so on."
He adds federal employment increased by 90 jobs, while the Government of Guam declined by 60 jobs in the Executive Branch and an increase by 130 jobs in other autonomous agencies over the year.