10,000 jobs on the way
NASSAU — The Christie administration intends to create 10,000 jobs within its first year in office, according to Deputy Prime Minister Philip Brave Davis, who said the government has already had some success in attracting investors.
Job creation was one of the pledges the Progressive Liberal Party made ahead of the May 7 general election.
Some observers are doubtful that the government can live up to that promise of 10,000 “immediate” jobs, as new investments in the country have been minimal.
However, Davis said the government is working to ensure that more Bahamians are able to find jobs.
“We think that by the end of the year we’ll see some marked improvement in job creation and the path would be constructed to fulfilling our promises of ensuring that we do create an economy that could absorb 10,000 jobs in the next year or so,” Davis added.
He said the government hopes to create at least 30,000 jobs over the next five years.
The current level of unemployment is unknown.
The most recent Labour Force Survey, which was released by the Department of Statistics in February this year, revealed that the unemployment rate stood at 15.9 per cent overall when the survey was taken in November of 2011.
During the 2012 election campaign, Davis said the Progressive Liberal Party would create 10,000 immediate jobs for young people.
But no significant number of jobs has yet materialised. (Nassau Guardian)