'Jobless numbers need to get real'

Wed, Jan 23rd 2019, 08:00 AM

 

WHILE admitting unemployment is largely a private sector problem, Bahamas Institute of Chartered Accountants president Gowon Bowe said yesterday newly released jobs statistics cannot be used as an indicator of the country’s economic performance.
Department of Statistics officials revealed on Monday that unemployment rose to 10.7 percent from 10 percent despite the addition of 2,305 jobs to the labour force.

WHILE admitting unemployment is largely a private sector problem, Bahamas Institute of Chartered Accountants president Gowon Bowe said yesterday newly released jobs statistics cannot be used as an indicator of the country’s economic performance.

Department of Statistics officials revealed on Monday that unemployment rose to 10.7 percent from 10 percent despite the addition of 2,305 jobs to the labour force.

 

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