Cayman’s population now stands at 78,554, an increase of 10.5% over the number of people counted in the October 2021 Census, Deputy Premier Chris Saunders said.

Saunders, speaking on Wednesday’s episode of the Cayman Compass Facebook show The Resh Hour, said the statistic, revealed in the upcoming Economic and Statistics Office’s Spring Labour Force Report, has given him “concern.”

He said Cabinet this week had authorised the release of the report, which has shown Cayman’s population has increased from 71,105 in October to 78,554.

“That’s an increase of 7,449,” he said, adding “that is a very big jump in a very short period of time”.

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The report has not yet been published, but Saunders gave a brief preview of its findings.

He said government recognises that there were seasonal contributory factors to the population increase, such as accounting firms bringing in additional staff for their busy period and tourism picking up following easing of COVID travel restrictions, leading to the hiring of extra employees to deal with the growing number of travellers.

Watch the interview here: