Employment quandary: Youth struggle to find work raises urgency for reform

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Employment quandary: Youth struggle to find work raises urgency for reform
Dr. John Sfakianakis
Banque Saudi Fransi

• Youth unemployment rising as private sector fails to create jobs; some 39% of Saudis aged 20-24 without work
• Onus on private sector to generate opportunities for citizens as only one in 10 private sector employees is a Saudi national
• Better quality and more relevant instruction in schools and universities key feature of state’s 2010-2014 development plan
• Productivity waning in government and private sectors, which could constrain future job creation, and inhibit already weak private sector GDP growth

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