IMF: Private Sector May Not Keep Pace with Saudi Youth Bulge

Saudi Arabia may not be able to create all the private sector jobs it needs for its rapidly growing population, which could lead to higher unemployment, the International Monetary Fund said on Wednesday.
The Saudi government has recognized that low employment among Saudi nationals is a long-term strategic challenge, especially after joblessness contributed to revolutions in nearby countries during the Arab Spring.
The world’s largest oil exporter has invested in education …

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