More job losses for Barbados – Central Bank Governor

(Barbados Nation) Barbadians should brace themselves for more job losses for the remainder of this year, says Governor of the Central Bank Dr Delisle Worrell.

He said at least 1 000 jobs were lost between June and September, and lamented that this trend would continue until the upcoming tourist season starts in December.

“It would seem that the trend of job losses will not be turned around until the next coming winter season. Providing that the season lives up to expectations, we should see some turn around,” Worrell told a Press conference on Wednesday to discuss the Review Of The Barbados Economy For The First Nine Months Of 2011 issued Tuesday.

“This continuing job loss has been of great disappointment to us. We thought that 2011 would have been the year that we would have built back from the situation where we were at the end of 2010,” said the governor.

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