JEDDAH: ARAB NEWS
Published — Wednesday 19 December 2012
Last update 21 December 2012 5:22 pm
Labor Minister Adel Fakeih said yesterday that 86 percent of jobs done by expatriates are not suitable for Saudis. However, he said the new Saudization drive was aimed at creating more jobs for two million unemployed citizens.
Speaking to Al-Sharq daily, he said 85 percent of Saudi job seekers are women. “Moreover, 330,000 Saudis, who graduate from secondary schools every year, also look for jobs,” he added.
He said the new labor laws would help flush out coverup businesses that constitute 42 percent of small enterprises in the country.
“There are about eight million expatriate workers and 86 percent of them (6 million) do menial jobs that do not suit Saudis,” the minister said. Annual foreign transfers of expatriates would cross SR 130 billion by the end of this year, he added.
Fakeih said 68 percent of foreign workers in the Kingdom receive a monthly salary of less than SR 1,000 and 18 percent less than SR 2,000. “This means 86 percent of foreigners get low salaries.”