Saudi Plans New Labor Scheme to Cut Unemployment
On Tuesday, Saudi Arabia's Labor Minister Mufrej al-Haqbani outlined new plans the country has that will help to reduce unemployment. Saudi Arabia has struggled to maintain strong employment levels, and now hopes to reduce the number of unemployed by 7% by 2030. New labor quotas will be implemented to encourage Saudi businesses to hire local workers. The country would like to also increase female participation in the labor force from 22% to 30%.
See "Saudi Plans New Labor Scheme to Cut Unemployment", The New York Times, May 3, 2016