VOL. XLV

No 44

4-November-2002

SAUDI ARABIA

Saudi Unemployment Remains A Concern But Not A Crisis, Says Samba

The Saudi American Bank (Samba) says that unemployment inSaudi Arabia remains a concern, but not a crisis, but that the growth of the labor force outstrips the growth in job creation, presenting a serious challenge. Moreover the current situation, where the government creates the majority of jobs for labor market entrants, is unsustainable. These are the findings of a report published by...