Comments on: Labour Force Increased From 36,541 To 36,725 https://bernews.com/2019/07/labour-force-increased-from-36541-to-36725/ Bermuda's #1 source for 24/7 breaking news, photos & videos Sat, 04 Apr 2026 18:04:34 +0000 hourly 1 http://wordpress.org/?v=3.7.5 By: question https://bernews.com/2019/07/labour-force-increased-from-36541-to-36725/#comment-5020211 Mon, 15 Jul 2019 13:45:18 +0000 http://bernews.com/?p=892529#comment-5020211 It’s remarkable. A true miracle. These highly-reliable figures tell us that between May 2018 and September 2018, despite the economy contracting, and despite retail spiraling downwards, the unemployment rate for under-25′s reduced from 18.4% to 7.8%.
It’s almost unbelievable isn’t it.
If it weren’t for the fact that we have complete unquestioned trust in everything that Wayne Furbert ever says, this would look like a total crock of utter BS.

]]> By: aceboy https://bernews.com/2019/07/labour-force-increased-from-36541-to-36725/#comment-5020115 Mon, 15 Jul 2019 11:46:48 +0000 http://bernews.com/?p=892529#comment-5020115 It is very scary how the PLP are spinning figures to make things appear to be fine, but it is very clear they are not and a world of hurt is coming.

]]> By: Joe Bloggs https://bernews.com/2019/07/labour-force-increased-from-36541-to-36725/#comment-5020059 Mon, 15 Jul 2019 10:35:13 +0000 http://bernews.com/?p=892529#comment-5020059 Ok, for what it’s worth here is my take.

Average income has decreased. Whilst the working population has increased (labour force increased 0.5% from 36,541 to 36,725), the average income has gone down (median gross annual income from main job dipped 0.8% from $63,227 to $62,695). That means that the increase in labour force is at the bottom end. We are not seeing more well-paying jobs, we are seeing an increase in manual labour jobs.

The “economically inactive population decreased 0.6% from 17,400 to 17,293″. Without population data that can mean many things, but based on my personal experience (as a person approaching retirement age), I suspect that means that many retirees have joined my friends (from Whitney Institute) who now live in the US because they cannot afford to retire in Bermuda.

]]> By: Triangle Drifter https://bernews.com/2019/07/labour-force-increased-from-36541-to-36725/#comment-5018336 Sat, 13 Jul 2019 17:31:44 +0000 http://bernews.com/?p=892529#comment-5018336 How much has the CS expanded since July 2017?

]]> By: Question https://bernews.com/2019/07/labour-force-increased-from-36541-to-36725/#comment-5018291 Sat, 13 Jul 2019 16:53:55 +0000 http://bernews.com/?p=892529#comment-5018291 Compared to their own dismal performance.

]]> By: Rocky5 https://bernews.com/2019/07/labour-force-increased-from-36541-to-36725/#comment-5018239 Sat, 13 Jul 2019 16:13:29 +0000 http://bernews.com/?p=892529#comment-5018239 Really not much good news here. Average wage down. Non-working population growing, many, many are underemployed, many businesses have CLOSED since November, students are back in College/Uni in November (vs May) so Unemployment for this age bracket is bound to improve…

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