Want a one year PAID vacation? Get Fired NOW* (*Offer valid ONLY in Kuwait)

In Kuwait, just like the other 200 countries of the world, we are facing the imminent issue of layoffs associated with the financial crisis. The number of Kuwaitis laid-off from the private sector is estimated to be around 4500 individuals. The government, parliament, and public are ironically deeply concerned for the fate of 0.45% of the population which will be decided in 3 weeks when the government unveils its rescue plan!

The current unemployment level in the US stands at 9.5% as of June, Eurozone at 9.5% as of May, and UK at 7.6% as of June. The unemployment figure in the US is up ≈70% yoy (from 5.6%), in the Eurozone ≈30% yoy (from 7.4%), and in the UK ≈45% yoy (from 5.2%). Comparing those numbers to the minuscule 0.45% jump in the Kuwaiti unemployment numbers, one realizes the political aspect of this issue.

The recommended solutions to this problem presented by Kuwaiti parliament members are outright outrageous! These members seem to have fallen for the cries of the coalition for the “Kuwaitis laid-off from the private sector” which melodramatically stated that divorce cases increased and laid-off Kuwaitis are being dragged to jail ALL because of the layoffs.