Labor Director Says Job Market Will ‘Open’ in Early 2023 – Eye Witness News

NASSAU, Bahamas — Labor Director Robert Farquharson said yesterday he expects the labor market to “open up” in 2023, with several foreign direct investment projects looking to hire workers.

There are fears of a looming U.S. recession in 2023, which could have cascading effects on the Bahamian economy, but Farquharson told Eyewitness News, based on the information he received, that the labor market is set for the new year. said that it seemed to heat up at the beginning of the

He said one major investor is looking to hire up to 450 people between Grand Bahama and New Providence.

“Based on what we are seeing, many employers, especially foreign direct investors, came to us early next year and said they needed to hire people,” he said. I was.

“IHOP plans to open two stores in New Providence and hold a professional job fair in early 2023. It is looking to hire about 140 people. By the end of the year, we’re showing that we want about 450 jobs between Grand Bahama and New Providence, and I think the labor market itself is open to new jobs,” Farquharson said. increase.

The latest Labor on Block job fair, held at Grand Bahama on November 19, “has been very successful,” said Farquharson.

“We had tremendous support from the community. Over 700 job seekers attended the job fair. There were 29 employers and 4 or 5 educational institutions. We have confirmed 551 hires.It went well.I think this is the last one for the year.We are planning some professional job fairs for the new year.”

He added: So far, he has held eight job fairs and several nursing care fairs. As a result, more than 3,000 people are employed. We held job fairs in New Providence, Grand Bahama, Abaco, Eleuthera and Exuma. These are the five islands we targeted. ” Labor Director Says Job Market Will ‘Open’ in Early 2023 – Eye Witness News

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