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Some 2,654 jobs lost

By Rebecca Zuill

Bermuda has lost a total of 2,654 jobs between 2010 and 2012, statistics in the Department of Statistics Bermuda Facts and Figures publication show.

Just released, this booklet is free, and provides myriad statistical information on everything from divorces to rainfall.

Bermuda's public revenue and spending for 2010 to 2012 is reported. It shows that total revenue for 2010 was $928.1 million, then in 2011 was 943.2 million before dropping to 863.1 million in 2012.

Expenditure for 2010 was $1,138.2 million, dropping to 1,115.3 million for 2011 and down again to $1,096.5 for 2012.

The spread between the numbers — not reported in the booklet — do not reflect that downward trend. In 2010 the difference between revenue and income was $210.1 million, the gap tightening to $172.1 million in 2011, and widening to 233.4 million in 2012.

Where public money comes from and where it goes is also laid out, with Central Government Finance figures showing that capital expenditure in Bermuda plunged from $113.4 million in 2010, to $68.2 million in 2011 and still further to $53.0 million in 2012.

At the same time, in the current expenditure column, salaries and wages increased from $418.6 million to 436.6 million to 445.7 million over the three year period, while expenditure for goods and services dropped from $387.3 million to $375.1 million to $342 4 million in 2012.

Grants and contributions rose from $179 million in 2011 to 194.1 million in 2012, straddling the 2010 figure of 186.3 million.

Other statistical information includes the fact that Bermuda has become wetter and more humid in the past three years. And that between 2010 and 2011, births and deaths fell, as did marriages and divorces.

Since 1991, men's lift expectancy has risen by seven years, reaching an average age of 77, and women can expect to live an additional four years, reaching an average of 82.

Since 1991, the gap between black, and white and other, ethnicities is closing. Since that year the percentages have moved from 58 total black and 42 of total white and other, to 54 total black and 46 total white and other.

Statistics also show that Anglicans have lost 12 percent of their membership, dropping from 28 percent to 16 percent. While the established religions have remained fairly stable, the category of ‘other' religions is growing, rising from 34 percent to 50 percent during the same time period.

The number of cars has dropped, falling from 49,662 in 2010 to 47,459 in 2012. However, the number of buses, taxis and limousines has risen from 710 in 2010 to 769 in 2012.

The pamphlet contains an array of statistical data and information pertaining to Bermuda's economy. It highlights social, economic and geographic data from 2010 to 2012 and also contains historical notes on the development of Bermuda since the 16th century.

Complimentary copies of this quick reference pamphlet are available from the Department of Statistics, 3rd Floor, CedarPark Centre Building, 48 Cedar Avenue in Hamilton. Electronic copies of this publication can be downloaded from the Department of Statistics' website at www.statistics.gov.bm

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Published October 16, 2013 at 9:00 am (Updated October 15, 2013 at 7:16 pm)

Some 2,654 jobs lost

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