UNEMPLOYMENT in the Bahamas is down by one per cent, according to government statistics.

The Department of Statistics released the results of its Labour Force and Household Income Survey yesterday, conducted in May, which revealed a slight decrease in the number of unemployed persons, a decline of less than 1 per cent in the unemployment rate which now stands at 13.7 per cent.

However, the report explained the two major factors contributing to the decline in the unemployment rate were persons withdrawing from the labour force, becoming discouraged with the current economy but not meeting the unemployment criteria, and an in ...

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