Bermuda Job Market Analysis: 2025 Employment Briefs
Based on the official data collected in the 2024 Employment Survey, Bermuda's job market expanded by 585 jobs, a 1.8% increase, bringing the total number of filled positions to 33,451.
Top 5 industries by number of new jobs added
These sectors provided the highest volume of new employment opportunities between 2023 and 2024.
| Industrial division | New jobs | Growth % |
|---|---|---|
| Administrative and support services | +124 | 7.0% |
| International business activity | +113 | 2.3% |
| Human health and social work | +109 | 4.3% |
| Accommodation and food service activities | +88 | 2.4% |
| Construction and quarrying | +84 | 4.0% |
Growth by occupational category
Job growth was concentrated in three major occupational groups, indicating high demand for both skilled management and service-oriented roles:
+184 positions
+183 positions
+95 positions
Income benchmarks & demographic trends
Median gross annual income rose by 1.3% to $71,151.
Salary Benchmarks by Sector
Median gross annual income varies significantly across Bermuda's industrial divisions. International Business remains the primary driver of high-tier earnings. Administrative and Support Services, Other Service Activities and Agriculture, Forestry and Fishing were the sectors with the lowest-paid workers.
| Industrial Sector | Median Annual Income |
|---|---|
| International Business Activities | $169,155 |
| Financial and Insurance Activities | $106,751 |
| Professional, Scientific and Technical | $99,929 |
| Electricity, Water and Waste Management | $91,954 |
| Median Income | $71,151 |
| Administrative and Support Services | $42,704 |
| Activities of Households as Employers | $42,541 |
| Other Service Activities | $41,231 |
| Agriculture, Forestry and Fishing | $39,828 |
The "Entry Level" Reality
While the overall median is $71,151, the report shows a stark difference for early-career professionals. Job holders under the age of 25 earn a median of $41,339, or roughly 58% of the island-wide average.
Opportunities for local talent
The 2025 Brief identifies several key occupations with high concentrations of non-Bermudian workers, representing potential opportunities for qualified local candidates:
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