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Decrease In Unemployment Payouts, Says State Minister

NASSAU, BAHAMAS – The National Insurance Board seeing a major decrease in the amount of money paid out for unemployment benefits.

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NASSAU, BAHAMAS – The National Insurance Board is seeing a major decrease in the amount of money paid out for unemployment benefits.

State Minister with responsibility for N.I.B. Myles Laroda told reporters that there’s been a $5 million dollar drop when compared to previous years.

Laroda says officials are hopeful the downward trend will continue.

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