Thursday 10 March 2011

FT.com - Glut of foreign labour ‘stifles incentive’

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The numbers are stark. In 2009, all 829,000 jobs created in the Saudi private sector went to foreigners, while in Kuwait, Qatar and the United Arab Emirates, more than 94 per cent of all private sector jobs are held by foreigners.

We also know that about 40 per cent of the population in the six states of the Gulf Co-operation Council is below the age of 15 and that the national workforce is likely to increase by 50 per cent during the next five years.

This is in part due to the region’s demographic profile and in part due to greater female participation as economic pressures force more women into work.

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