Thursday 10 May 2012

gulfnews : Job creation proving a major challenge

The creation of jobs in Arab countries, including the Arabian Gulf, is likely to top the list of priorities over the next decade — given that a recent study by the World Bank found that Arab nations need to create 100 million new positions by 2025.
This poses a real challenge, especially with the increasing number of unemployed in the region. The ways to solve this problem is multi-faceted and involves not only revising previous economic policies regarding employment, but those relating to investment, economic restructuring and foreign investment.
Employment policies in the Gulf Cooperation Council (GCC) countries have relied basically on state agencies over the past four decades, especially with regard to employment of GCC citizens, where the state played an active role in offering job opportunities.

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