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800,000 expats have left Saudi Arabia, creating a hiring crisis
Business insider ^ | 9 July 2018 | Ambrose Carey

Posted on 07/11/2018 11:02:31 PM PDT by Cronos

As of April, more than 800,000 had left the country since late 2016, alarming domestic companies concerned that the foreigners cannot be easily replaced.

..Saudi business owners are having difficulty getting locals, accustomed to undemanding work in the state sector and generous unemployment benefits, to work for them. Reports suggest many Saudis are put off by what they regard as poorly paid, low-status jobs.

.."Employers say young Saudi men and women are lazy and are not interested in working and accuse Saudi youth of preferring to stay at home rather than to take a low-paying job that does not befit the social status of a Saudi job seeker,"

MBS hopes to generate some $17.33 billion through the new expat taxes by 2020 in order to help address the budget deficit — projected to be $52 billion in 2018 — and finance new economic projects. ..."Taxation of expatriates, before Saudi Arabia turns into a productive economy that depends on industry, is like putting the cart before the horse," Tariq A. Al Maeena, a Jeddah-based commentator, said in Gulf News in October.

(Excerpt) Read more at businessinsider.com ...


TOPICS: Business/Economy; Foreign Affairs
KEYWORDS: ambrosecarey; energy; hydrocarbons; maga; opec; putinsbuttboys; saudiarabia
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To: Cronos

Saudi Arabia is an American ally and always has been


21 posted on 07/12/2018 4:25:08 AM PDT by bert ((K.E. N.P. N.C. +12 ..... In August our cities will be burning))
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To: Cronos

This is a job for Mexico!


22 posted on 07/12/2018 4:40:42 AM PDT by MrBambaLaMamba (I speak hyperbolically)
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To: Cronos

can we trade them immigrants for oil?


23 posted on 07/12/2018 5:19:48 AM PDT by ßuddaßudd ((>> M A G A << "What the hell kind of country is this if I can only hate a man if he's white?")
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To: Cronos

All coming to America.


24 posted on 07/12/2018 5:29:57 AM PDT by FES0844 (SGould the allow it. Hi call the shots. IÂ’m sure Laura would have stayed Oman wn of America has bee)
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To: be-baw
"...Where would 800,000 people working low paying jobs go?..."

Back to the Philippines.

25 posted on 07/12/2018 5:52:59 AM PDT by T-Bone Texan (Get off my lawn and GTFO of my country.)
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To: Cronos

Too bad Mexico’s not on their southern border.


26 posted on 07/12/2018 5:59:05 AM PDT by IronJack
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To: Cronos

My daughter was assigned to tutor some Saudi exchange students while she was in college.

According to her those people are utterly worthless. Pampered, spoiled, lazy, sex-obsessed, drunken, drugging, partying, unserious, emotionally arrested at age 13.

Without foreign workers they will all starve. Their population has no clue how to live in the real world.


27 posted on 07/12/2018 7:09:07 AM PDT by Buckeye McFrog
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To: Cronos

They just have a more extreme case of what we’ve created by bringing in illegals to do our “lesser” work.


28 posted on 07/12/2018 7:12:52 AM PDT by 9YearLurker
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To: Cronos

Saudi Arabia has high unemployment among its young people. Have them do the work.
Much of this shift is simple foreign drivers going home, and women will drive themselves.
That alone will help improve their economy.


29 posted on 07/12/2018 8:46:04 AM PDT by tbw2
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To: Rummyfan; Buckeye McFrog

It is going to be a painful multi-year adjustment - a major cultural shift, to get Saudis to develop a broad work ethic.

To get them off the couch, and off the Government dole (Government jobs, unemployment, and other programs), will mean changing the lives of millions of individuals - hearts and minds and values. More than half of Saudi workers are directly employed by the Government - they sometimes work even less than the private sector’s many tea-sipping token Saudi employees.

These are strong policy measures that have been put into effect, as compared with the kind of gradual policies we see in the USA, so the Government is trying. It will require powerful policy incentives over many years, because the Saudi workforce is so far outside of the global norm (at least they are highly literate and educated).

Beyond just policy though, a lot of people will need coaching and encouragement, to turn their lives around like the Government wants. I think they should have the media and education establishments working hard to encourage people, and promote good role models.


30 posted on 07/12/2018 10:54:36 AM PDT by BeauBo
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To: tbw2

They don’t need to work as they get huge unemployment money.


31 posted on 07/12/2018 11:30:50 PM PDT by Cronos (Obama's dislike of Assad is not based on his brutality but that he isn't a jihadi Moslem)
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To: Cronos

Saudi Arabia is a welfare state trying to avoid collapse, because it has too many people collecting and not enough producing.
Letting women drive and having foreign drivers go home results in less money paid to foreigners that goes abroad, and it may lead to more women working.
The hard part is getting more men to work instead of foreign laborers.
Half the reason they were building mosques abroad was to export a lot of their religious studies graduates, a group that is a large minority of their graduates.


32 posted on 07/13/2018 7:55:24 AM PDT by tbw2
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