Govt paid out $230 mil. in unemployment assistance Brensil Rolle.
Nearly $230 million has been paid out in unemployment assistance and benefits to Bahamians during the COVID-19 pandemic, Minister of National Insurance and Public Service Brensil Rolle said yesterday.
Rolle said the unemployment and income support was one of the most expensive endeavors ever taken on by the National Insurance Board (NIB).
“Never before in the history of The Bahamas has any government agency spent as much as NIB on income support and unemployment assistance,” he told reporters outside Cabinet.
“I looked at numbers yesterday which suggest that when we look at the entire income support and unemployment assistance program, some $219 million has already been spent. And that does not include an additional $10 million that will come in the month of February.
Man caught stealing boneless chuck steak while the Labour Minister says unemployment is in decline…
bahamaspress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bahamaspress.com Daily Mail and Mail on Sunday newspapers.
Unemployment drastically down - The Nassau Guardian
thenassauguardian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenassauguardian.com Daily Mail and Mail on Sunday newspapers.
Atlantis optimistic Spring Break will spur reopening of Royal Towers by end of February
NASSAU, BAHAMAS Minister of Labour Dion Foulkes said yesterday he is “very optimistic” about the employment situation in The Bahamas, “especially the touristic sector”.
Foulkes was responding to concerns about Atlantis’ latest announcement that it will temporarily furlough some of its workers.
Foulkes insisted the employment level at Atlantis remains the same and there’s been no change, despite the recent announcement.
He said that while Royal Towers has furloughed approximately 200 employees, the hotel has re-engaged 200 employees at The Cove.
Atlantis Paradise Island.
“I’m advised by Atlantis that the Spring Break which is dependent on [when] universities begin around the end of February and goes anywhere from three to four weeks they are optimistic that they are going to be able to reopen the Royal Towers and re-engage those 200 employees by the end of February.”