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The Bahamian media is reporting that the Grand Bahama economy is in a spiral downwards. It appears that after two direct hits from Hurricanes over the past few years, many businesses are still recovering and the job situation is dire.

It was just a few years ago when Bahamians were heading to Freeport, Grand Bahama in droves to take advantage of more affordable real estate. Now that trend is reversing as Grand Bahamians, especially the younger adults like recent graduates are heading to New Providence and nearby Abaco for employment.

Statistics reveal that the number of applicants also outnumbered the available jobs last year.

From January to December 2004, more than 1,300 jobseekers registered at the Department. Ms. Johnson said 200 persons received jobs.

The trend is also being seen at private-sector employment agencies.