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Department of Statistics releases Labour Force Survey

The Department of Statistics has released the results of its Labour Force and Household Income Survey, which was conducted in November of last year. 

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Date:
Updated:
TheBahamasInvestor.com
Wednesday, February 8, 2012
Wednesday, February 8, 2012

The Department of Statistics of The Bahamas has released the results of its Labour Force and Household Income Survey, which was conducted in November of last year.

The survey provides information on the labour force as it existed during the reference period of October 24-30, 2011.


The results of the survey indicate that since the last survey conducted in May of 2011, there was a slight increase, less than one percent, in the size of the labour force, which now numbers 190,445 persons .

The number of women declined by 1.4 per cent, while their counterpart increased by 1.8 per cent, accounting for the overall minimal increase.

This is reflected in the overall participation rate, which remained basically the same. The participation rate for men increased marginally, 0.6 percentage points, while that of women fell by 1.2 percentage points.

In New Providence the number of persons in both the labour force and the employed labour force was almost equally distributed among the sexes.

In Grand Bahama however, the traditional pattern prevailed; men outnumbered women in both the labour force and the employed labour force and were fewer in numbers among the unemployed.

The data shows that there was a noticeable decrease in the number of employed persons and an increase in the number of unemployed persons resulting in the unemployment rate increasing by 2.2 percentage points and thereby pushing the country’s unemployment rate to 15.9 per cent.

From this year, the survey will be taken twice a year, in May and November.

Download/view the results of the survey here.

Bahamas economy maintained mild growth at the end of last year buoyed by foreign investment and construction activities, according to the latest data from The Central Bank of The Bahamas.

Michel Joseph Martelly, President of the Republic of Haiti arrived in Nassau last night for high-level discussions on matters relating to trade, immigration issues and the redevelopment of that country since the 2010 devastating earthquake. Pictured: Michel Joseph Martelly, President of the Republic of Haiti, disembarks his private jet upon his arrival at the Odyssey Airport on Tuesday, February 7, 2012.

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