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BAHAMAS: Economy adds over 2,000 ‘net’ new jobs in November ‘jobs report’

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#Nassau, January 22, 2019 – Bahamas – Preliminary results from the most recent Labour Force Survey shows 2,305 net new jobs were added to the Bahamian economy between May and November 2018.  While these gains are noteworthy, the rate of job growth is still not adequate to absorb the number of school leavers entering the labour market each year.  This accounted for a small increase in the overall unemployment rate from 10.0% to 10.7% in May of 2018. Notable, however, is that in the 18-month period since May of 2017 the economy added 10,400 net new jobs, largely in the private sector.

“Overall, we welcome news that the unemployment rate improved in Grand Bahama and Abaco, two of the largest population centres outside of New Providence.  The numbers of discouraged workers also decreased, pointing to greater confidence in economic prospects among job seekers.  But, our target is a level of growth that will reduce unemployment in a sustained way, and will be felt evenly across the country, so the work must continue and intensify,” said K. Peter Turnquest, Deputy Prime Minister and Minister of Finance.

“Our focus is on strengthening and expanding efforts to boost job growth, directly and indirectly, by investing in entrepreneurship, particularly for young Bahamians, as well as human resource development and other ways to stimulate growth in the private sector,” said Minister Turnquest.

Entrepreneurship

Shortly the government will announce a package of direct financing instruments to get capital into the hands of Bahamian entrepreneurs and small businesses.  This will allow for the creation of jobs and for opportunities for self-employment.  An element of this will be a grant program targeted specifically at young Bahamians from disadvantaged backgrounds.  These plans will give life to the government’s $25 million commitment to Bahamian entrepreneurship announced by the Prime Minister last year.

Human Resource Development

Over the extended term, the renewed emphasis on human resource development and training, as provided for by expanded scholarships for students at BTVI and UB, should build skills and improve their ability to capitalize on job opportunities and also to function successfully as self-employed persons.

Private Sector Growth

The Government’s ongoing initiatives to reinvigorate the Grand Bahama economy through the Commercial Enterprises Act should also serve to accelerate employment gains and bring these numbers down even further. The vision of Grand Bahama as the Tech Capital of The Bahamas has already started to take shape, based on the success of the Commercial Enterprises Act so far.  Just last week, a new technology company, Dev Digital, software developers, launched in Grand Bahama looking to hire between 15 and 20 persons.

Additionally, a number of tourism related projects are geared to come on stream throughout The Bahamas in the medium term – in Abaco, Eleuthera, Long Island, New Providence and elsewhere – that will further generate new permanent high quality jobs and significant entrepreneurial opportunities over the medium term.

Labour Force Report Summary – November 2018

Employment statistics are one of the key economic indicators the Government relies upon for evaluating the health of the Bahamian economy.

  1. The economy added 10,400 net new jobs in the 18-month period between May 2017 and November 2018, largely in the private sector. This includes 2,305 net new jobs added between May 2018 and November 2018, the latest reporting cycle.
  2. The unemployment rates in Grand Bahama and Abaco improved: Down from 12.4 to 11.9 percent in Grand Bahama; down from 10.7 to 7.7 percent in Abaco.
  3. The numbers of discouraged workers also decreased, pointing to greater confidence in economic prospects among job seekers.
  4. New Providence’s unemployment rate increased from 10.1% to 11.0%.
  5. The preliminary estimates for November 2018 point to an uptick in the unemployment rate, to 10.7% from 10.0% in May of 2018,
  6. Statistics indicate the rate of job growth is not adequate to absorb the growth of the labour force as school leavers join the labour market each year.
  7. More men (110,280) than women (100,280) were employed in the labour force
  8. The unemployment rate for women was 11.3% in November compared to 10.0% for men.
  9. Young women (aged 15-24) and core-aged women (aged 25 to 54) were more likely to be unemployed than their male counterparts.
  10. By contrast, men aged 55 years and over were slightly more likely to be unemployed compared with women in their same age cohort.

The “net” designation indicates a subtraction of the impact of job losses to the calculation to determine true growth or decline in the employment numbers.

 

Press Release: Central Communications Unit, Ministry of Finance

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From Hollywood to Parliament

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The Rick Fox Political Timeline

 

“Are You Thinking About Politics?”

Fox publicly acknowledged growing calls for him to enter Bahamian politics, saying he had been hearing from women, youth, business owners and everyday Bahamians who were “ready for something different.”

October 19, 2025

“Then Jump, Man.”

Fox revealed a conversation with NBA legend Michael Jordan, who encouraged him to enter politics after asking whether he believed he could help young Bahamians.

November 24, 2025

“The Bahamas Must Be First”

Fox officially announced his intention to run in the 2026 General Election, promising transparency, affordability, opportunity and a modern Bahamian economy.

February 4, 2026

“Officially Picked”

The Free National Movement formally ratified Fox as its candidate for Garden Hills, instantly making him one of the most talked-about figures in the election cycle.

March 20, 2026

“From Courtside to Campaign Stage”

Fox mounted the national campaign stage for the first time at the FNM’s major campaign launch at Baha Mar Resort in Nassau.

March 30, 2026

“I’m Giving The Salary Back”

Fox announced he would not take a parliamentary salary if elected, saying the funds should instead go back into helping the people of Garden Hills.

April 14, 2026

“Nomination Eve Goes Viral”

A heated confrontation involving Fox and PLP supporters outside the Parliamentary Registration Department exploded across social media after video captured the tense exchange.

April 16, 2026

“Pick Rick” Officially Launches

Nomination Day cemented Fox’s candidacy and formally launched the now-famous “Pick Rick” campaign branding.

April 19, 2026

“Vote and Win”

Jamiah Burrows won a vehicle through Fox’s civic participation challenge, part of a campaign effort encouraging voter engagement and turnout.

April 20, 2026

“The Wealthiest Candidate”

Financial disclosures revealed Fox as the wealthiest candidate in the 2026 election cycle, with reported assets exceeding $469 million, ending speculation about his financial standing.

April 25, 2026

“The Garden Hills Blueprint”

Fox unveiled detailed policy graphics outlining plans for:

  • youth development,
  • healthcare access,
  • infrastructure upgrades,
  • environmental restoration,
  • entrepreneurship,
  • and a proposed $10 million investment fund for Garden Hills.

May 4, 2026

“The Numbers Don’t Lie”

Fox’s campaign highlighted more than:

  • 20 community clean-ups,
  • 16 streets and locations served,
  • and 13 solar lights installed across Garden Hills during the campaign.

May 6, 2026

“Shaq Steps In”

NBA legend Shaquille O’Neal publicly endorsed Fox, helping elevate international attention surrounding the campaign.

May 8, 2026

“Buju Backs Rick”

Jamaican reggae icon Buju Banton threw his support behind Fox ahead of Election Day.

May 10, 2026

“Vanessa Williams Endorses”

Fox’s former wife, actress and singer Vanessa Williams publicly endorsed his campaign.

May 11, 2026

“Magic Joins the Campaign”

NBA icon Magic Johnson became the latest major celebrity to endorse Fox just one day before Bahamians went to the polls.

May 12, 2026

“Election Day”

Fox contested the Garden Hills constituency seat against PLP incumbent Mario Bowleg in one of the country’s most closely watched races.

May 13, 2026

“Grace in Defeat”

Fox publicly conceded the race and congratulated Bowleg on his victory in Garden Hills.

May 18, 2026

“We Pick Rick”

Despite losing at the polls, Fox officially entered Parliament after being appointed to the Senate by the FNM — with the party itself declaring:

“We Pick Rick.”

The appointment made Fox one of the most internationally recognized figures ever to serve in the Bahamian Senate.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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First Woman to Lead Tourism Ministry: Glenys Hanna-Martin Takes On Bahamas’ Leading Industry  

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The Bahamas, May 22, 2026 – Veteran parliamentarian Glenys Hanna-Martin has made history, becoming the first woman to lead the Ministry of Tourism in The Bahamas — assuming responsibility for the country’s most important economic engine 62 years after tourism first gained Cabinet-level representation.

Tourism received its first Cabinet minister on January 7, 1964, when Sir Stafford Sands was appointed Minister of Finance and Tourism, helping shape what would become the dominant pillar of the Bahamian economy.

Now, six decades later, Hanna-Martin steps into the role as the nation’s first female Tourism Minister.

The longtime Englerston Member of Parliament moves into the powerful portfolio following years overseeing education and after building one of the most enduring political careers in modern Bahamian history.

Hanna-Martin is widely regarded as the country’s longest-serving female MP, having represented Englerston continuously since 2002.

Her appointment comes at a critical moment for the tourism sector, which continues to drive employment, foreign exchange earnings, hotel development, cruise expansion and airlift growth across the archipelago.

The scale of the industry she now oversees is staggering.

According to tourism and government data, The Bahamas welcomed a record 12.5 million visitors in 2025, including roughly 10.8 million cruise passengers and 1.7 million air arrivals.

Tourism is estimated to generate roughly 70 percent of the country’s Gross Domestic Product and employs more than half of the Bahamian workforce either directly or indirectly.

The industry also continues to fuel massive hotel and resort expansion projects across Nassau, Grand Bahama and the Family Islands, while helping sustain airlift partnerships, cruise port investments and vacation rental growth.

The Ministry of Tourism is widely viewed as one of the most influential assignments in any Bahamian Cabinet because of its direct connection to the nation’s economic stability and international image.

And while regional competition intensifies across the Caribbean, The Bahamas remains one of the world’s most recognized island tourism brands.

Hanna-Martin now inherits responsibility for protecting and expanding that position.

Her political career has already included several barrier-breaking milestones, including becoming the first female chairman of a major political party in The Bahamas and the first female Minister of Transport and Aviation.

Now, she adds another first to her legacy.

For many observers, the significance of the moment extends well beyond symbolism.

Tourism is not simply another ministry.

It is the heartbeat of the Bahamian economy.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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“Politician-1” Frenzy Intensifies After Plane Crash Survivor Allegedly Misses US Court Appearance

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The Bahamas, May 22, 2026 – Questions and speculation intensified across The Bahamas Thursday night after Eyewitness News reported that Jonathan Eric Gardiner — the Election Day plane crash survivor now accused in a major international cocaine trafficking conspiracy — was allegedly a no-show for a scheduled US court appearance.

The latest development adds yet another dramatic twist to a case that has already pushed the country into political and social fever pitch.

Gardiner first appeared in federal court in Orlando on May 15 following his arrest on a New York federal warrant tied to a DEA investigation into alleged cocaine trafficking operations running through The Bahamas into the United States.

But the case exploded nationally after US federal affidavits repeatedly referenced an unnamed Bahamian political figure identified only as:  “Politician-1.”

The filings allege meetings connected to a proposed cocaine shipment and references to political protection for trafficking operations.

No politician has been publicly identified by US prosecutors.

Still, the mystery has consumed the Bahamian public.

Talk shows, social media timelines, Parliament corridors and street corners have erupted with demands for answers, including headlines declaring:  “TELL US WHO IS POLITICIAN 1.”

Public speculation has centered heavily around West End MP Kingsley Smith, who has denied any involvement in drug trafficking or cartel activity.

The controversy became so intense this week that Smith was reportedly heckled inside Parliament while taking his official oath of office.

Adding to the surreal nature of the case are reports carried by The Tribune that some passengers aboard the doomed flight were ordinary Bahamians trying to return home to vote after missing another flight connection on Election Day.

What began as a dramatic survival story involving 11 rescued passengers floating in waters off Florida has now transformed into a sprawling scandal involving alleged drug trafficking, political intrigue, DEA affidavits and mounting national anxiety.

The Tribune has also reported alleged links between Gardiner and construction-related business dealings, while US court documents reportedly describe cash-filled envelopes labeled for “Politician-1” in language investigators viewed as consistent with narcotics payment structures.

For many Bahamians, the story now feels almost unbelievable: an Election Day plane crash, an accused drug kingpin, references to Parliament, public outrage and now questions surrounding an alleged missed US court appearance.

And with official answers still limited, the fever surrounding “Politician-1” appears only to be growing.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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