Column: PLP’s Robinson On Jobs & Economy
[Opinion column written by PLP Senator Leslie Robinson]
The Bermuda Progressive Labour Party welcomes the positive news contained within the 2024 Bermuda Job Market Employment Briefs unveiled by Minister Jason Hayward this week confirming that Bermuda is seeing strong job growth and steady economic progress.
Highlights from the report include
- Between 2022 and 2023, Bermuda saw an increase of 952 filled jobs, bringing the total to 32,866 – a 3% rise.
- Key industries like Accommodation and Food Services [+12.2%], International Business [+5.0%], and Professional, Scientific, and Technical Activities [+6.4%] led the way in job growth
- Jobs for workers under 20 grew by 4.2%
- Jobs for people aged 65 and over increased by 6.3%.
- Bermudians benefited with 121 more jobs being filled by Bermudians, making up 68% of all jobs.
We’re also happy to see a 2.4% increase in the median income, meaning more Bermudians are earning better wages.
This progress didn’t happen by chance or by accident. As a government we’ve worked hard to not only create an environment where businesses can grow, but also to ensure that our people have access to training through Workforce Development and higher education through expanded investment in scholarships and education grants.
We won’t stop there though, as we are investing in training and apprenticeship programs in construction, solar energy, and hospitality to help Bermudians gain the skills needed for good jobs in these important industries. Fields like nursing, accounting, and teaching also offer great opportunities for Bermudians and we are prepared to ensure that our people have what they need to succeed.
The PLP remains focused on creating jobs and growing the economy, while ensuring that Bermudians benefit from this progress. We encourage everyone to read the full 2024 Employment Briefs on the Bermuda Government website to learn more.
- Senator Leslie Robinson
