WILLEMSTAD - A recent report from the Social and Economic Council (SER) reveals a stark reality for Curaçao, with 31 percent of its residents currently living in poverty. The findings, based on a study conducted in July 2023 by former University of Curaçao rector Miguel Goede, shed light on the economic challenges faced by a significant portion of the population.
The study identifies approximately 16,872 households that fall below the poverty line, affecting 46,647 individuals out of the total 148,925 residents on the island. This alarming statistic underscores the urgent need for comprehensive strategies to address economic disparities and improve living conditions.
While the SER expresses support for a wage increase as one measure to combat poverty, it underscores that this is just one facet of a multifaceted issue. The organization advocates for a holistic approach, suggesting that a combination of strategies may be necessary to effectively alleviate poverty on the island.
Furthermore, the SER highlights the concerning level of unemployment within the local job market, especially among individuals with lower skill levels. The organization points out that addressing unemployment is integral to any comprehensive poverty reduction strategy.
In light of these challenges, the SER recommends that the government initiate a thorough investigation into the root causes of high unemployment among low-skilled workers. Understanding the underlying factors will be crucial in developing targeted policies and interventions to uplift vulnerable segments of the population.
As Curaçao grapples with economic disparities, the SER's call for a comprehensive approach emphasizes the importance of addressing both immediate concerns and long-term structural issues to create sustainable change and improve the overall well-being of its residents.