Search results for : Employment
January 25, 2019
Labour Statistics Indicate a Decrease in GB's Unemployment Numbers Unemployment
Minister of State for Grand Bahama in the Office of the Prime Minister, Senator the Hon. Kwasi Thompson said Grand Bahama showed a decrease in the unemployment rate from 12.4 per cent to 11.9 per cent...
Disney Cruise Line to host final job fair for Lighthouse Point destination with employment to exceed HOA commitment
April 11, 2024
Disney Cruise Line to host final job fair for Lighthouse Point destination with employment to exceed HOA commitment
NASSAU, BAHAMAS — Disney Cruise Line is set to host its final job fair ahead of its opening of its Lookout Cay at Lighthouse Point this June, with its employment to exceed its Heads of Agreement (HOA) commitments and having tripled the number of construction jobs. Disney will host its final job fair will host [...]
Over $200M In Unemployment Benefits Paid Out In 2020
April 03, 2024
Over $200M In Unemployment Benefits Paid Out In 2020
NASSAU, BAHAMAS - NIB's report reveals a $108m payout in unemployment benefits for the year 2020 to over 44,000 Bahamians.
PM: Unemployment projected to hit 30 percent
May 10, 2020
PM: Unemployment projected to hit 30 percent
Prime Minister Dr. Hubert Minnis said in a national address on Sunday that unemployment is expected to soar to a staggering 30 percent in the near term as 25,000 people have either been laid off or have lost their income due to the COVID-19 pandemic. [...]
The post PM: Unemployment projected to hit 30 percent appeared first on The Nassau Guardian.
Bahamas National Statistical Institute to produce quarterly reports on unemployment rates
October 31, 2023
Bahamas National Statistical Institute to produce quarterly reports on unemployment rates
BAHAMAS National Statistical Institute acting managing director Nerissa Gibson said the institute will start releasing data on unemployment rates quarterly, twice more than it has traditionally done.
October 26, 2023
PM reaffirms commitment to employment growth as top priority
NASSAU, BAHAMAS — Prime Minister Philip Davis said yesterday that employment growth remains a primary focus for his administration, stating: "We will not be satisfied until every Bahamian who wants a job has a job." During his contribution to the debate on the Speech from the Throne, Davis said the government is seeking to generate [...]
October 26, 2023
PROMISING FUTURE: DPM boasts full employment on Exuma
NASSAU, BAHAMAS — Deputy Prime Minister Chester Cooper recently boasted of full employment on the island of Exuma, stating that the island's future has "never been more promising." Cooper, the Exuma and Ragged Island MP and Minister of Tourism, Aviation, and Investments, told the Exuma Business Outlook that The Bahamas' brand remains strong, with Exuma [...]
February 09, 2022
Govt considering whether more unemployment assistance necessary
With the majority of Bahamians back to work, Minister of State in the Office of the Prime Minister Myles LaRoda said yesterday that Cabinet is now considering whether it will continue the government's unemployment assistance program. The program expired on December 31, 2021. "The government has not made a decision on whether to further extend," ...
The post Govt considering whether more unemployme...
IMF: Unemployment projected at 13.9%
March 21, 2022
IMF: Unemployment projected at 13.9%
Unemployment in The Bahamas is projected to be 13.9 percent in 2022, according to the International Monetary Fund (IMF). In its Staff Concluding Statement, the IMF said that unemployment was estimated at 25.6 percent in 2020 and projected at 18.1 percent in 2021. The IMF says the data was taken from "Bahamian authorities and IMF ...
The post IMF: Unemployment projected at 13.9% appeared fir...
March 22, 2022
ONE IN SEVEN OUT OF WORK: IMF projects 13.9% unemployment rate as economy recovers
THE International Monetary Fund projects a 13.9 percent unemployment rate this year, still higher than the pre-pandemic rate but a notable decline compared to 2020 and 2021 when the rate was estimated to be 25.6 and 18.1 percent respectively.
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