In a recent update on the labour market, the Ministerial Committee for Community Services presented a report to the Cabinet meeting chaired by His Royal Highness Prince Salman bin Hamad Al Khalifa, highlighting the labour market indicators for Bahrain up to the third quarter of 2024. The report revealed that 19,689 Bahraini citizens secured job opportunities in the private sector, surpassing 98% of the annual target set in the Kingdom’s Economic Recovery Plan. This achievement demonstrates the joint efforts of the government and private sector in boosting employment rates among local citizens.
The Cabinet meeting, held at Gudaibiya Palace, commended the private sector companies and institutions that contributed to the employment of Bahrainis during the third quarter. Recognizing the importance of collaboration between the public and private sectors, the Cabinet expressed gratitude for their role in advancing workforce participation and economic sustainability in the Kingdom. This cooperative effort aligns with Bahrain’s strategy to enhance local employment initiatives and training programs.
Furthermore, the report highlighted that 13,679 Bahraini citizens participated in training programs by the third quarter of 2024, exceeding the annual target of 10,000 trainings by an impressive 137%. This investment in training and development is essential for equipping Bahrainis with the skills needed to excel in various industries. The Cabinet discussed the memorandum in detail during the meeting, approving its recommendations and emphasizing the continued support for local employment initiatives and training programs.
The progress made in the labour market underscores Bahrain’s ongoing commitment to economic recovery and development. The positive impact of coordinated efforts between the government and private sector is evident in the improvements seen in employment rates and training opportunities for Bahraini citizens. By prioritizing local employment initiatives and investing in training programs, Bahrain is taking significant steps towards enhancing the labour market and ensuring a sustainable future for its workforce.
The successful collaboration between the government and the private sector in facilitating job opportunities and training programs for Bahrainis reflects a shared commitment to advancing the Kingdom’s economic goals. Through continued support for local employment initiatives, Bahrain aims to create a thriving workforce with the skills and expertise needed to contribute to various sectors. This dedication to workforce development not only benefits individual citizens but also strengthens the overall economy of Bahrain.
In conclusion, the recent update on Bahrain’s labour market demonstrates the progress made in enhancing local employment rates and providing training opportunities for Bahraini citizens. The joint efforts of the government and private sector have been instrumental in achieving these positive results, showcasing the effectiveness of collaborative initiatives in driving economic growth and sustainability. By continuing to prioritize local employment initiatives and training programs, Bahrain is paving the way for a prosperous future for its workforce and the overall economy.