Tuesday 10 September 2013

Saudi Startup Finding Women Jobs Acquired For $16M - Forbes

Saudi Startup Finding Women Jobs Acquired For $16M - Forbes:

"More than a third of Saudi Arabian women are unemployed compared to just 6% of males; three quarters of those unemployed women have a college degree. Saudi Arabia’s highly educated and untapped human resource costed the world’s largest oil producer approximately $1.5 billion last year, according to Khalid Alkhudair, the co-founder of Glowork, a startup which finds women jobs.

“Unemployment is very unsustainable for the government,” Alkhudair explained. “It pays 2,000 Saudi Riyals or $800 a month to anyone unemployed.”

Founded in 2011, Glowork matches women with jobs by creating opportunities in sectors previously inaccessible to females. So far it has put over 3,000 women in the workplace, and found work-from-home jobs for 500 women."

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