& Drink (2,766 jobs). When those are totaled, it is clear that a large percentage of the 37,613 non-farm workers are employed in dealing with tourists; of course, serving the local population is also part of the role of these sectors. Job market According to the CIA's research, the service sector - tourism, trade, and other services - were the primary economic activities, accounting for most of the Virgin Island's GDP and about 80 percent of the employment in 2003. (More recent data is not available from this source.) The primary industries in 2013 were tourism, watch assembly, rum distilling, construction, pharmaceuticals and electronics. The local workforce totaled 50,580. The last watch assembly facilities, however, closed in 2015. The report from the VI Bureau of Economic Research calculates that the labor force totaled 48,278 in the first half of 2016, with 42,752 persons classified as civilians. The unemployment rate was 11.5%. Some 29 percent were employed by the public sector, making it the largest employer. The May 2016 report does not discuss the massive debt and provides this outlook: "The economy will continue on its present course of mild improvements with the major contributions coming from tourism, manufacture and construction In addition, several initiatives are being undertaken by Government ... will assist in the recovery. However, a strong recovery of private sector demand, including consumer and investment spending, is required to give momentum to the recovery that brings the economy back to its pre-recession growth." Manufacturing and other sectors Manufacturing industries developed significantly in the 1970s, especially on St. Croix island. Most industries depend of tax concessions and the financial advantages they derive from being a U.S. territory. An alumina factory processed bauxite until December 2009. The Hovensa oil refinery produced , and closed down in February 2012. Analysts reviewing the economy often point to the closure of the Hovensa oil refinery which had been the islands’ largest private sector employer. This certainly did affect the local economy, leaving 2,200 people jobless. In the final year of full refinery operations, the value of exported petroleum products was $12.7 billion. The islands' exports dropped after the 2012 closing of the refinery, from $3.339 billion to $2.627 billion. However, imports dropped as well, from $3.056 billion to $2.694 billion. In late 2013, the Reserve Bank of New York's Research and Statistics Group pointed out that manufacturing employment dropped by 50 percent in