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Pinde: Unemployment will improve in Q1 2020 despite recent firings - Vimarsana News

Pinde: Unemployment will improve in Q1 2020 despite recent firings

Ocean Club terminates 97 employees Baha Mar expects to terminate 12 more employees NASSAU, BAHAMAS — Director of Labour John Pinder said yesterday that unemployment in The Bahamas is expected to rebound by the first quarter of 2021. In an interview with Eyewitness News, Pinder advised that 97 people were terminated from Ocean Club on Tuesday. “While it was bad, it was good timing in the sense that all of the persons, my information is, received good packages,” he said. “They were satisfied with the settlement they received as it relates to redundancy pay.” Additionally, Pinder in...

Source: ewnews.com
Labour specialists back jobless benefits extend - Vimarsana News

Labour specialists back jobless benefits extend

ykemp@tribunemedia.net Labour leaders yesterday praised the Government's decision to extension unemployment benefits to end-January 2021 as the correct approach given multiple COVID-19 uncertainties. John Pinder, director of labour, told Tribune Business the move was the “appropriate thing to do because the government extended the emergency orders up until December. For the four weeks after the end of the emergency period, the employer could determine whether or not they want to make the employees redundant. So it would be good if those employees could get some money during the interim". Th...