News
Employment dipped in 2012 & 2013 in VI; Were we misled?
ROAD TOWN, Tortola, VI- In 2011 the National Democratic Party of Premier and Minister of Finance Dr The Honourable D. Orlando Smith was elected to office and in the two years that followed, 2012 and 2013, Premier Smith was talking up the Virgin Islands (VI) economy and claiming that it was “robust.” The statistics, however, proves that he was misleading the public.
70 percent of VI workforce of expat origin- Premier Smith
ROAD TOWN, Tortola, VI- The effects of the global economic crisis on the unemployment rate in the Virgin Islands is not easy to gauge since 70 percent of the workforce is of expatriate origin and it is not possible to determine whether they are in or out of the country.
Inflation levels in Territory manageable- Premier
ROAD TOWN, Tortola, VI- To date, inflation levels in the Territory have been manageable and comparable to other Overseas Territories such as Bermuda and the Cayman Islands.
.png)
.png)
Follow Us On
