BMO Q1 Press Release – International Business

MEDIA RELEASE: April 2021

Residents support the Government’s decision to create closed category jobs.

BERMUDA: Three quarters of residents continue to support the newly introduced closed category jobs, which restricts the ability to get work permits for select jobs (for example, taxi drivers, airline ground agents, and cashiers), with only a small proportion in opposition. It is interesting to see that support varies across demographics. More specifically, middle and lower-income earners are more likely to support this policy compared with high income earners, while support is also higher among those who are under the age of 35, and Bermudians (as opposed to those who are non-Bermudian living on the Island).

On a similar topic, we also wanted to understand residents’ opinion on the importance of the International Business industry to Bermuda’s economy, relative to the tourism industry.  What we heard is that four in ten feel international business is more important than tourism, while two in ten feel it is gradually becoming more important. There is also a notable minority, at one-third, who feel it is equally important. On the flip side, only four percent feel that the tourism industry is more important than international business when it comes to their contributions to the local economy.

This question was also asked this past December and results remain largely unchanged.

If you would like to be part of our future research studies and share your opinion on a wide variety of different topics, please join us by signing up for our Bermuda Voice panel on our website. We typically conduct one survey every three months.

These results are part of Narrative Research Bermuda’s Online Bermuda Omnibus® Survey conducted in March 2021 with a sample of adult residents of Bermuda (18 years of age or older). The results above are not commissioned by a third party and were collected independently by Narrative Research Bermuda. The results presented in this document were collected from our online survey of 310 members of Narrative Research Bermuda’s proprietary online panel of adult residents, Bermuda Voice. A margin of error cannot be ascribed to the online survey results.

For more information, please contact:

Graham Redford, Managing Partner, Narrative Research Bermuda, 278 8882 or graham@narrativeresearch.bm