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Economy of Trinidad and Tobago
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==Job market== In addition the thriving energy sector, the nation controls 0.25%<ref>{{cite web|url=http://www.trinidadexpress.com/news/PM_WRONG-133128648.html|title=Trinidad Express Newspapers: β PM WRONG|access-date=11 June 2015|archive-url=https://web.archive.org/web/20150402092625/http://www.trinidadexpress.com/news/PM_WRONG-133128648.html|archive-date=2 April 2015|url-status=dead}}</ref> of the world's natural gas with a GDP of twenty billion US dollars (US$20.5b).<ref>{{cite web|url=http://www.indexmundi.com/trinidad_and_tobago/economy_profile.html|title=Trinidad and Tobago Economy Profile 2014|access-date=11 June 2015}}</ref> These factors are quintessential in driving the demand for quality labor, especially in specialized area as it pertains to the energy sector. Such area of specialisation are for the first time in history being sought after in this little nation, but requires the expertise of expats to fill. According to former Prime Minister Patrick Manning,<ref>{{cite web|url=http://www.trinidadexpress.com/business/PM__T_T_poised_to_become_leading_financial_centre-115417614.html|title=Trinidad Express Newspapers: β PM: T&T poised to become leading financial centre|access-date=11 June 2015|archive-url=https://web.archive.org/web/20150402091032/http://www.trinidadexpress.com/business/PM__T_T_poised_to_become_leading_financial_centre-115417614.html|archive-date=2 April 2015|url-status=dead}}</ref> the nation is the financial capital of the Caribbean, and being so heavily reliant on the oil and energy sectors, fosters and facilitates an environment of constant demand for specialized jobs. In addition, the Natural Gas sector is for the first time facing competition from countries such as Qatar and the United States. All these factors are stimulating the need to produce local specialists as the demand increases. There are also clear indications that the nation is at the end of an economic downturn and poised for a period of economic boom. A wealth of jobs would be created in the short run to feed a diversity of economic demands across all sectors of the economy. Finance minister Winston Dookeran unveiled the largest budget (TT$54b) in the history of the nation in October 2011, reiterating the government's resolve to transform the economy, which will boost investor confidence in the nation. This process of transformation will create a hosts of jobs and numerous foreign investor opportunities.<ref>{{cite web|url=http://www.nationnews.com/articles/view/54.6-billion-budget-for-tt/|title=$54.6 billion budget for T&T|author=Nation News author|work=www.nationnews.com|date=10 October 2011 |access-date=11 June 2015}}</ref> The proverbial wheels of the economy are being oiled the economy and other areas of the economy such as the Financial and Manufacturing Sectors will benefit tremendously from the spin offs. Government ministers have already made plans to facilitate viable tools in assisting with the roll out. Within the past couple years government agencies have begun to utilize recruitment tools such as agencies and job boards.<ref>{{cite web|url=http://www.trinidadexpress.com/business-magazine/internet_job-seekers-135141558.html|title=Trinidad Express Newspapers: β internet job-seekers|date=5 December 2011 |access-date=11 June 2015}}</ref> The government has recognized the usefulness in sourcing and outsourcing labor from different areas. Recruitment on the whole in Trinidad and Tobago have experienced huge strides, from the traditional snail mail to company's emails and job boards. Local experts have mentioned that moving forward in such a small area is a big tool to in executing and rolling out macro plans smoothly.
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