Saturday, April 30, 2011

Saudi Arabia Unemployment Forecast

World Economic outlook - Saudi Arabia Unemployment Forecast ; The most recent report shows that the Saudi Arabia population is over 28 million and of these people, around 7 million are working of which 80% are immigrants. Interestingly, while this country is the largest exporter of oil and gas and considered a very wealthy country, the Saudi Arabia unemployment rate is still at 11.6%. However, it is important to note that approximately 6% of people working are from overseas so if this number was lowered and more were assigned to people in the country, the unemployment rate would drop.

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