SPIKE IN OMANIS TAKING PRIVATE SECTOR JOBS

Expat hiring freezes for some professions have made room for Omanis in private sector jobs

MUSCAT: More than 9 thousand additional Omanis were hired in the country’s flourishing private sector in 2018, according to the Public Authority for Social Insurance (PASI).

According to PASI’s annual report for 2018, there were 76,474 Omanis in the private sector who had been registered for social insurance, while 67,131 nationals left private jobs.

There were also 16,617 private sector companies functioning in Oman at the end of 2018, pointing to an 11 percent increase in the number of new organisations that have been set up.

There were several reasons for Omanis leaving the private sector, which included their resignation, the termination of their service, death and disability, moving to other jobs, and reaching the end of their service period, according to PASI.

In total, 246,969 Omanis are registered for social insurance. Of them, 182,414 are males and 64,555 are females. The report also showed that, up to the end of 2018, a total of 509,398 Omanis have been registered in PASI since the Social Insurance Law came into effect in 1992.

An official at the Ministry of Manpower said: “The number of Omanis who are listed in the records of the Public Authority for Social Insurance have increased due to the continuous efforts by the government to hire more Omanis in the private sector. Expat hiring freezes for some professions have also made room for Omanis in such jobs.”