queenislam
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greeting!
:ma:
Alhamdulillah!
More than 1m jobless Saudis receive benefits.
Reuters Published:
00:00 2012.
Riyadh: More than one million Saudis are now receiving unemployment benefit, the labour ministry said, underlining a source of potential discontent that the rulers of the world's top oil exporter are keen to contain.
The "Hafiz" programme, which pays unemployed Saudis 2,000 riyals (Dh1,957) a month for up to one year, was announced by HM King Abdullah during the Arab uprisings last spring and introduced in late 2011.
"The number of beneficiaries this month rose by 40 per cent from last month and by 170 per cent from December when the programme started to pay the monthly subsidy," said the official Saudi Press Agency (SPA), quoting Khalid Al Ajmi, the Labour Ministry official in charge of Hafiz.
Thanks to a decade-long population boom, the Saudi government can no longer afford to reduce unemployment by creating public sector jobs.
Last year's revolutions in Egypt, Tunisia, Libya, Yemen and Syria were blamed by some on high youth unemployment.
Officially the kingdom's unemployment rate is 10.5 per cent, but that figure does not include the large numbers of working age Saudis not counted as part of the labour force.
More than 80 per cent of people receiving unemployment benefit are women, said SPA. Despite opposition from powerful conservatives, the government is pushing for more Saudi women to enter the job market. It has designated women-only working environments.
~News.
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╔═╝║║║║║─╔═╗╔══╗╔═══╗║║║║
║╔╗║║║║║─╚╗║║╔╗║╚══╗║║║║║
║╚╝╚╝╚╝║─╔╝╚╝╚╝╚═══╝╚╝║║║
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~May Allah swt help,protect and guide all muslims~Amin!
Thank you for reading.
Take care,
~Wassalam
greeting!
:ma:
Alhamdulillah!
More than 1m jobless Saudis receive benefits.
Reuters Published:
00:00 2012.
Riyadh: More than one million Saudis are now receiving unemployment benefit, the labour ministry said, underlining a source of potential discontent that the rulers of the world's top oil exporter are keen to contain.
The "Hafiz" programme, which pays unemployed Saudis 2,000 riyals (Dh1,957) a month for up to one year, was announced by HM King Abdullah during the Arab uprisings last spring and introduced in late 2011.
"The number of beneficiaries this month rose by 40 per cent from last month and by 170 per cent from December when the programme started to pay the monthly subsidy," said the official Saudi Press Agency (SPA), quoting Khalid Al Ajmi, the Labour Ministry official in charge of Hafiz.
Thanks to a decade-long population boom, the Saudi government can no longer afford to reduce unemployment by creating public sector jobs.
Last year's revolutions in Egypt, Tunisia, Libya, Yemen and Syria were blamed by some on high youth unemployment.
Officially the kingdom's unemployment rate is 10.5 per cent, but that figure does not include the large numbers of working age Saudis not counted as part of the labour force.
More than 80 per cent of people receiving unemployment benefit are women, said SPA. Despite opposition from powerful conservatives, the government is pushing for more Saudi women to enter the job market. It has designated women-only working environments.
~News.
────╔╗╔╗─────────────╔╗╔╗
──╔╗║║║║─────────────║║║║
╔═╝║║║║║─╔═╗╔══╗╔═══╗║║║║
║╔╗║║║║║─╚╗║║╔╗║╚══╗║║║║║
║╚╝╚╝╚╝║─╔╝╚╝╚╝╚═══╝╚╝║║║
╚══════╝─╚════════════╝╚╝
~May Allah swt help,protect and guide all muslims~Amin!
Thank you for reading.
Take care,
~Wassalam