Middle East Economic Survey

VOL. LIII

No 43

25-Oct-2010

SAUDI ARABIA

Unemployed Saudis Estimated At 500,000

The number of unemployed Saudi Arabian nationals is estimated at 500,000, representing approximately 10% of the expatriate workforce, according to the new Saudi Minister of Labor 'Adel Faqih. The minister told the Riyadh Chamber of Commerce and Industry that the unemployment problem needed to be solved responsibly, as one team. During the past 15 years, only a few jobs have been...