Editing Economy of Barbados (section)

=== Wages ===
Although Barbadians have been ranked as being on the high end of wages compared to those in the Americas, prices for food, goods and services are also extremely high.<ref>{{cite news | url=http://www.nationnews.com/story/302972909568285.php |title=Bajans high on list of wealthiest |access-date=20 February 2006 |first=Tony |last=Best |date=20 February 2006 |work=[[The Daily Nation (Barbados)|Nation Newspaper]] |archive-url=https://web.archive.org/web/20070930163807/http://www.nationnews.com/story/302972909568285.php |archive-date=30 September 2007 |quote=BAJANS may be far from being the wealthiest people on Earth, but they certainly aren't doing too badly in the money department. For, according to a global survey conducted by The Economist, Barbados was 52nd on the list of the world's wealthiest nations as measured by their per capita income&nbsp;– gross domestic product and purchasing power parity&nbsp;– but among members of the Organisation of American States, only the United States, Canada and The Bahamas had higher levels of economic well-being in 2003 than Barbados. Barbados' per capita income, GDP, was put at just under US$10 000, less than a third of America's at US$37 240. In addition, Barbados' was much less than Canada's US$27 190, and the Bahamas' US$16 590. On the other hand, Barbados' level of wealth per person was more than Trinidad and Tobago's US$8 010, Mexico's US$6 050, and Chile's US$4 590. }}</ref> The national minimum wage in Barbados, where wages can be no less than BBD$8.50 (~ US$4.21) per hour.<ref>{{Cite web |date=February 5, 2021 |title=Minimum Wage (National and Sectoral Minimum Wage) Order, 2021 |url=https://gisbarbados.gov.bb/download/minimum-wage-national-and-sectoral-minimum-wage-order-2021/# |publisher=Barbados Ministry Of Labour}}</ref>

In October 2009, Dr. DeLisle Worrell, who later become the replacement governor of Barbados' [[Central Bank of Barbados]] and was executive director of the Centre for Money and Finance at the UWI Cave Hill Campus revealed that "the average Barbadian now earns between BBD$200 and BBD$499 per week...."<ref name="2009 wages">{{cite news|title=Average Bajan earns less than $500 a week |author=Staff writer|url=http://www.cbc.bb/index.pl/article?id=5051754 |agency=[[Caribbean Broadcasting Corporation]] |publisher=CBC |id=5051754 |date=13 October 2009 |access-date=15 October 2009 |quote="Many Barbadians have now been out of work for some time and the number continues to grow, the BSS provides information on the length of time people have been searching for jobs. In March 2009 there were another 3200 persons seeking employment. The very disturbing statistic is that there had been 1600 people looking for jobs in vain for over a year." Dr. Worrell also revealed that the average Barbadian now earns between $200 and $499 per week, as he broke down the categories of earnings in Barbados. "There were 4400 workers, roughly estimated, who earned less than $200 per week. There were 32,800 workers who earned between $200 and $499 a week. 19,100, from $500 to $999 and 3700 workers who earned between $1000 and $1300, and 4100 who earned more than $1300 a week." |url-status=dead |archive-url=https://web.archive.org/web/20160303201341/http://www.cbc.bb/index.pl/article?id=5051754 |archive-date=3 March 2016 }}</ref>

In 2010 Barbados' population was tabulated at some 281,968 with 80% at working age yet less than half (106,241 or 38%) were actually registered as employed.

Of these the overall estimates of his finds showed that:<ref name="2009 wages" />
*There was a roughly 4,400 (1.6%) workers who earned less than BBD$200 (US$100) per week.
*There were 32,800 (12%) workers who earned between BBD$200 (US$100) and BBD$499 (US$249.50) a week.
*About 19,100 (7%) workers who earned from BBD$500 (US$250) to BBD$999(US$449.50),
*3,700 (1.3%) workers who earned between BBD$1000 (US$500) and BBD$1300(US$650), and
*4,100 (1.5%) who earned more than BBD$1300 (US$650) a week.