FINANCIAL NEWS

Number of Saudi jobless women at 1.6m

06 May 2012

(MENAFN) Saudi Labor Ministry’s undersecretary, Fahd Al Tukhaifi, announced that the number of unemployed Saudi women stands at around 1.6 million, reported Emirates 24/7.

Al Tukhaifi said that the problem lies in the private sector, which prefers to hire foreigners, even though almost 111,000 Saudi men and women were searching for jobs.

He also said that of the nearly 1.6 million applications the ministry received from Saudi women, 78 were doctors, 2,250 holders of masters degrees, 11,000 are high diploma graduates and over 385,000 holders of bachelor university degrees, 74,000 diploma graduates and about 537,000 secondary school graduates.

It is worth noting that at the end of 2010, 43.2 percent of the Saudi males and females aged between 20 and 24 years were without jobs.

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