According to employment statistics, women in Bermuda had a higher average salary than men last year. *iStock photo
According to employment statistics, women in Bermuda had a higher average salary than men last year. *iStock photo
THURSDAY, OCT. 28: Women have overtaken men as the main breadwinners, according to employment statistics.

Women in Bermuda had a higher average salary than men last year, earning $758 more — a difference of 1.4 per cent.

The Labour Market Indicators (LMI) report, released today, reveals the Median Annual Gross Earnings for women last year as $56,854.

On average, men earned $56,096.

The average salary in Bermuda was $56,429 (before deductions) — $1,562 more than $54,867 in 2008.

The average wage for men and women in 2008 was $55,009 for men and $54,688 for women.

The latest figures show women outpacing men in the income bracket for the first time.

The working population is also ageing, according to the Government report.

In 2008 the average age of someone in employment was 43. Last year it was 44.

This is a rise of two years on 2006 when the median age of job holders in Bermuda was 42.

Jobs however are dwindling. The Total Filled Positions in Bermuda last year were 39,520, compared to 40,213 in 2008.

This is a drop of two per cent.

The workforce is evenly split between male and female employees.

Last year unemployment was at 4.5 per cent. In 2004 the official figure was 2.1 per cent — it has doubled in five years.

Statistics for 2010 are not yet available.

In terms of vacancies and shortages in professions, nursing showed the most marked increase, with 19 Registered Nurse vacancies in 2008 but 27 in 2009.

On average, men in Bermuda work 36 hours a week and women 30.

The Department of Statistics included both full and part-time workers in its LMI report.

It was compiled using data from the annual Employment Survey conducted 2006-2009.

The aim of the report is to present information on employment trends related to income, work hours, job holder age, unemployment and the division of labour between Bermudians, guest workers, non-Bermudian spouses and Permanent Residents.

In a breakdown of the labour market, Bermudians held 26,789 jobs last year. The average age of Bermudian workers was 46 and average weekly hours worked was 31.

The average salary of Bermudians was $53,887.

This compares to $66,153 for expats/guest workers, who number 9,932 in the workforce.

In 2009 there were 6,669 male guest workers and 3,263 females.

The average age was 39 — 40 for men and 33 for women.

Expats work longer hours on average — 37 hours a week.

In 2009 the number of non-Bermudian spouses in the workforce was 1,992, with an average salary of $64,370.

There were 807 Permanent Residents employed, with an average annual wage of $58,442. 

Copies of the LMI are available at: www.statistics.gov.bm.