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2010 | OriginalPaper | Chapter

12. Population and Demographics: Saudization and the Labour Market

Author : Mohamed A. Ramady

Published in: The Saudi Arabian Economy

Publisher: Springer US

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Abstract

There are a multitude of reasons – economic, social and political – for the Saudi Arabian government’s serious approach to the current state of the labour market and to Saudi unemployment issues. Unemployment means less output, a lower standard of living and a high and worrying dependency rate. Some studies have put the number of Saudi dependents as high as 56 per 100 Saudi workers, 2.4 times the world average (Al Sheikh, 2003). Thus, any major decline in income per worker, or a total lack of work, could have a dangerous effect on living standards and social cohesion. A worrying rise in juvenile crime rates connected with unemployed youth has now been widely reported in the local Saudi press and this adds further pressure on the government.

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Metadata
Title
Population and Demographics: Saudization and the Labour Market
Author
Mohamed A. Ramady
Copyright Year
2010
Publisher
Springer US
Book
The Saudi Arabian Economy

Print ISBN: 978-1-4419-5986-7

Electronic ISBN: 978-1-4419-5987-4

Copyright Year: 2010

DOI
https://doi.org/10.1007/978-1-4419-5987-4_12