By E.T. (Bob) Richards, Shadow Finance Minister, December 7, 2012
Bermudians have to ask themselves whether they really believe this Government can “create jobs, thousands of jobs,” as the Premier promised yesterday.
The Government’s record over the past decade is one of continuing job losses, not job creation.
The Department of Statistics figures show that more than 2,700 Bermudian-held jobs have been lost over the past ten years.
The number of jobs held by Bermudians declined almost every year from 2001 to 2011 (latest available figures).
And the recent Labour Force Survey shows more than 10,000 Bermudians are either unemployed or under-employed. Nearly 40% of young Bermudians don’t have jobs.
This is a terrible record. Thousands of families are struggling to make ends meet, thousands of Bermudians are suffering grim days every day because they don’t have enough money to pay bills and meet family needs.
All of this came to pass on this Government’s watch.
So why should Bermudians believe this Government will now become a job-creation Government?
If it was a job-creation Government, surely thousands of Bermudians would not be struggling today.
The only promise this Government can keep is that it will give Bermuda more of the same. And more of the same is not what Bermudians want.
The OBA has put forward a Jobs and Economic Turnaround Plan that will lead Bermuda to better days, growing jobs and opportunity for all. It’s time for change.