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Politics : Foreign Affairs Discussion Group

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To: Katelew who wrote (194459)8/2/2006 1:02:12 AM
From: geode00  Read Replies (1) of 281500
 
Unemployment rate:
13% male only (local bank estimate; some estimates range as high as 25%) (2004 est.)

cia.gov

Saudi Arabia's unemployment reaches 30 percent
Saudi Arabia, Economics, 3/5/2003...

An unofficial study issued yesterday estimated this increase at 30% of the Saudis eligible to work. Saudi Arabia's population tolls 22 million including 7 million foreigners...

arabicnews.com

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Even at 13% of males, that's very high. I remember reading that SA's dictatorship was in real trouble when oil prices were low. The huge increase is helping them out quite a bit.
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