The unemployment rate in the Bahamas decreased by 0.7 percentage points (-7.09 percent) compared to the previous year. Nevertheless, the last two years recorded a significantly higher unemployment rate than the preceding years. The unemployment rate of a country or region refers to the share of the total workforce that is currently without work, but actively searching for employment. It does not include economically inactive persons, such as children, retirees, or the long-term unemployed.
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World Bank. (October 24, 2024). The Bahamas: Unemployment rate from 2004 to 2023 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/578549/unemployment-rate-in-the-bahamas/
World Bank. "The Bahamas: Unemployment rate from 2004 to 2023." Chart. October 24, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/578549/unemployment-rate-in-the-bahamas/
World Bank. (2024). The Bahamas: Unemployment rate from 2004 to 2023. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/578549/unemployment-rate-in-the-bahamas/
World Bank. "The Bahamas: Unemployment Rate from 2004 to 2023." Statista, Statista Inc., 24 Oct 2024, https://www.statista.com/statistics/578549/unemployment-rate-in-the-bahamas/
World Bank, The Bahamas: Unemployment rate from 2004 to 2023 Statista, https://www.statista.com/statistics/578549/unemployment-rate-in-the-bahamas/ (last visited November 21, 2024)
The Bahamas: Unemployment rate from 2004 to 2023 [Graph], World Bank, October 24, 2024. [Online]. Available: https://www.statista.com/statistics/578549/unemployment-rate-in-the-bahamas/