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2010 | OriginalPaper | Buchkapitel

12. Population and Demographics: Saudization and the Labour Market

verfasst von : Mohamed A. Ramady

Erschienen in: The Saudi Arabian Economy

Verlag: 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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Vorheriges Kapitel Privatization and Foreign Direct Investment

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Titel: Population and Demographics: Saudization and the Labour Market
verfasst von: Mohamed A. Ramady
Verlag: Springer US
Buch: The Saudi Arabian Economy
Print ISBN: 978-1-4419-5986-7

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

Copyright-Jahr: 2010
DOI: https://doi.org/10.1007/978-1-4419-5987-4_12

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