Bahrain Labor Market ‘Strong’, Posts Positive Growth Trend in Q1 2022 | THE DAILY TRIBUNE



TDT | manama

The Daily Tribune – www.newsofbahrain.com

Recruitment activity in Bahrain is on the rise, with Bahrain recording strong growth in the first quarter of this year, thanks to the Economic Recovery Plan.

According to Jameel Humaidan, the Minister of Labor and Social Development, the multi-year plan, designed to support post-COVID 19 recoveries and boost the long-term competitiveness of the Bahraini economy, has contributed significantly to strengthening economic and trade movement in Bahrain.

The five-pillar plan aligns with Economic Vision 2030 and the intention to achieve net zero carbon by 2060.

A key part of the plan aims to create 20,000 Bahraini jobs and train 10,000 Bahrainis a year until 2024.

The Minister also assured that the labor market will experience increased growth in quality job opportunities in the coming period.

Humaidan, who also works as chairman of the board of directors of the Labor Market Regulatory Authority, confirmed that the vital sectors of Bahrain experienced growth resulting in increased hiring activity.

In the first quarter of 2022, there were 707,597 employees, both in the public and private sectors, an increase of 2.1% compared to the quarter of the previous year, the minister said in a statement during a review. by the Cabinet of the main indicators of the labor market.

Breaking down the figures further, the minister said the percentage of national workers in the public sector increased by 2.3% to 49,093, and in the private sector increased by 4.6% to 110,607 in the first quarter.

The Minister attributed the increase in the percentage of national employment in the public and private sectors to the government’s policy of developing employment mechanisms and launching qualitative initiatives to attract citizens to various establishments operating in the private sector. .

“As a result, the percentage of citizens working in this sector has reached 69 percent,” the minister said, adding that the percentage of citizens working in the private sector reflects the strength and sustainability of the labor market.

“It also helps to attract more foreign investment, thanks to the increased number of trained and qualified Bahrainis who can manage production in various sectors.”

“This is particularly important given the growth of vital sectors, including telecommunications, technology and financial sectors, which are creating more quality job opportunities for citizens,” the minister stressed.



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Most Bahraini salaries exceed BD 1,000

Regarding salaries, Humaidan said that a high percentage of Bahrainis working in the private sector receive monthly salaries above 1,000 Bahraini dinars.

During the first quarter of 2022, their percentage reached 1.7%, representing 21% of the national workforce.

The percentage of citizens whose salary varies between 800 and 999 dinars reached 2.6% in the first quarter, compared to the first quarter of 2021, and they constitute 9% of the total national workforce this year.

50,147 permits for expatriates

Regarding work permits issued by the Labor Market Regulatory Authority, the Minister confirmed the issuance of 50,147 permits for the employment of expatriates, an increase of 36.5% compared to the quarter of last year.

The minister also revealed that he had canceled 27,576 work permits until the end of the first quarter of this year.

The number of transferred foreign workers reached 18,789 at the end of March 2022.

Economic growth 3.4%

The Minister indicated that the national economic growth, citing approved indicators, the growth of the growth sectors targeted by the economic recovery plan and the expectations of international organizations, in particular the International Monetary Fund, accelerated by 3.4%.

Training for job seekers

The ministry, he said, in cooperation with the competent authorities, will intensify the training of job seekers and increase their efficiency in integrating them into the labor market, especially in new professions that require specific skills.

“The project would keep pace with economic and technological changes to make citizens the first choice in the job market,” the minister added.




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