FINANCE Minister Peter Turnquest said while the government is pleased the national unemployment rate has dropped to 9.5 percent, its goal is to drive numbers even lower by securing stronger and more broad based growth for the economy.

The ministry said this is the lowest unemployment rate in 10 years.

Department of Labour officials announced on Friday the improved unemployment rate, down 1.2 percent from the 10.7 percent rate of November 2018.

At the time of the survey in May, the rate in New Providence was 9.4 percent and Grand Bahama was 10.9 percent. Both islands showed unemployment decreases down from the previous rates of 11 percent and 11.9 percent respectively.

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