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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: Katelew who wrote (194459)	8/2/2006 1:02:12 AM
From: geode00	Read Replies (1) \| Respond to 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 -------------- 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.

To: Katelew who wrote (194459)	8/2/2006 1:35:50 AM
From: Hawkmoon	Respond to of 281500

I think high Saudi unemployment rate you quoted is actually in the 20-24 year age group...overall unemployment rate is resonable. Unfortunately, this demographic range equates to some 50% of Saudi Arabia's current population. Hawk