170K IDB grant for labor market study

Wed, Dec 29th 2010, 03:24 AM

The labor market in The Bahamas will be evaluated in the new year via a $170,000 study — a joint government and Inter-American Development Bank (IDB) initiative to better understand the state of the labor market and give future guidance to the government on labor market issues and policies.
The project was confirmed to Guardian Business by IDB country representative Oscar Spencer, with the grant agreement signed earlier in the month.
“It will begin in the first quarter of 2011,” he said yesterday. “The idea is there is an urgent need for this to be addressed, given growing demands on the economy for a trained and skilled workforce, and you want to ensure t ...

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