Opposition: Jobs Numbers Show Economy 'Been Put Into Reverse'

Opposition: Jobs numbers show economy 'been put into reverse'

The Opposition's finance spokesman yesterday seized on the latest workforce data to assert the Bahamian economy "has been put into reverse" with 5,571 jobs lost in the seven months to January 2025.

Opposition blasts PLP as Labour Survey shows 5,500 jobs lost and rising underemployment

NASSAU,BAHAMAS — Shadow Minister of Finance J. Kwasi Thompson has called the PLP’s economic stewardship a failure after the Bahamas National Statistical Institute (BNSI) reported 5,571 jobs lost, rising unemployment, and nearly one in three workers underemployed, highlighting serious challenges in the country’s labour market. The BNSI released the January 2025 Labour Force Survey (LFS) on September 17, marking the third release of the survey’s s…