Search results for : employment

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News Article
August 18, 2015
More regular unemployment data needed

The unemployment rate is down in The Bahamas, according to the Department of Statistics.

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News Article
August 18, 2015
Director of Labour: unemployment could be as high as 16-17 by November

Despite a considerable drop in national unemployment outlined in the Department of Statistics' most recent Labour Force Survey, the number of Bahamians out of work could well return to and even swell beyond the 15.7 percent unemployment rate recorded in November 2014, a leading labor official has warned.

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News Article
August 06, 2015
CBOB: Baha Mar delays mean lower growth, protracted unemployment

Central Bank of The Bahamas (CBOB) continues to credit stable gains in tourism sector output and foreign investment-led construction activity with sustaining ?mild economic growth momentum?, but in its latest monthly report acknowledges the increasing drag the delayed opening of Baha Mar is having on the economy.

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News Article
August 05, 2015
Tackling high unemployment

Since the Great Recession of 2008 The Bahamas has had a high jobless rate. The year before the recession the unemployment rate was 7.9 percent.

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News Article
June 11, 2015
Government commits $20 million to Youth Unemployment Reduction-Gibson tell ILO

Minister of Labour the Hon. Shane Gibson told the International Labour Organization (ILO) that the Government of The Bahamas has earmarked $20 million toward the reduction of youth unemployment in the country...

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News Article
June 11, 2015
Tackling high unemployment

Since the Great Recession of 2008 The Bahamas has had a high jobless rate. The year before the recession the unemployment rate was 7.9 percent.

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News Article
March 04, 2015
ILO report reflects poorly on employment in Bahamas

The Bahamas has the highest rate of urban unemployment of 17 Caribbean and Latin America countries up to September 2014, according to statistics from the International Labour Organization (ILO).

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News Article
March 04, 2015
ILO chief: Unsatisfactory progress on CARICOM youth unemployment, climate change

Against a backdrop of high urban youth unemployment in The Bahamas, International Labor Organization (ILO) Director General Guy Ryder yesterday stated that the Caribbean's labor ministers, trade union leaders and employers had failed to take adequate measures to address youth unemployment and climate change as the ILO continues the 9th ILO Meeting of the Caribbean Ministers of Labour.

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News Article
August 17, 2011
BHA Prepares for Employment Boom

The Bahamas Hotel Association (BHA) is offering considerable tuition discounts and new certification programs in an effort to prepare for a boom in employment opportunities. Stuart Bowe, the president of the BHA, said the latest initiatives continue to look at the training process as a continuum, whereby young children, college students, potential workers and current employees are all developed in...

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News Article
August 09, 2011
Unemployment rate does not add up, retired banker warns

The actual number of unemployed people tells a more revealing story about the state of the labor force than the unemployment rate does, according to retired senior banker Al Jarrett.

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