Comments on: Statistics Bulletin: Imports, Employment, Visitors

By: Question

Question — Thu, 27 Sep 2018 08:19:08 +0000

What we’re seeing is the PLP Recession.

By: Rocky5

Rocky5 — Thu, 27 Sep 2018 01:43:54 +0000

Very sad, PLP will ignore these poor economic results and OBA will say nothing because many of their MPs are really PLP supporters – esp. MP Leah Scott

By: Jt

Jt — Thu, 27 Sep 2018 00:27:20 +0000

Onion Juice, Alvin and company where you at?

By: Ringmaster

Ringmaster — Wed, 26 Sep 2018 22:01:05 +0000

The silence from the PLP is deafening. Bermuda has huge debt, an aging population, a declining workforce, declining tax receipts yet increases Public Sector income. The coming fallout will make 2008 seem like a sneeze. Oh, and interest rates increased again today. More debt on top of the debt being increased and hushed up by Premier Burt.

By: red rose

red rose — Wed, 26 Sep 2018 17:36:30 +0000

this says a lot. Even with the AC effect this is alarming – especially the increase in public administration (aka Government) and since when did Bermuda have a defence sector??????

The report said, “Employment income decreased 1.6 per cent or $15.5 million. The International Business sector recorded the largest nominal decrease in remuneration of $24.5 million, due largely to declines in bonuses and stock options. Among other industries, the All Other sector and the Wholesale & Retail sector recorded declines of $3.3 million and $2.1 million, respectively. Remuneration for workers in the Business Services sector and Hotels & Restaurants sector decreased by less than $1 million each. In contrast, employment income in the Public Administration & Defence sector increased $7.1 million while the Banking, Insurance & Real Estate sector increased $4.7 million. The Transport & Communication sector and the Construction sector also recorded increases in employment income of $1.9 million and $1.7 million, respectively.