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800,000 ex-pats have left Saudi Arabia, creating a hiring crisis
Business Insider ^ | July 9, 2018 | Ambrose Carey

Posted on 07/09/2018 9:14:50 AM PDT by 2ndDivisionVet

The Saudisation policy of Crown Prince Prince Mohammed bin Salman (MbS) has coincided with an "expat exodus" and a drop in foreign investment.

•Saudi businesses are complaining that locals don't want to do "low-status" jobs that many expats worked — creating a real problem for the economy.

•In November, a paper by the Institute of International Finance projected capital outflows in 2017 at $101 billion, 15% of GDP.

•Fortunately, a recent rebound in oil prices has temporarily rescued the ailing Saudi Arabian economy, but it will not be a long-term solution....

(Excerpt) Read more at businessinsider.com ...


TOPICS: Business/Economy; Government; Politics; Society
KEYWORDS: arabia; hiring; jobs; saudiarabia; slavery; slavetrade
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FULL TITLE: 800,000 ex-pats have left Saudi Arabia, creating a hiring crisis: 'Employers say young Saudi men and women are lazy and are not interested in working'
1 posted on 07/09/2018 9:14:50 AM PDT by 2ndDivisionVet
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Didn’t know there were 800,000 former members of the New England Patriots out in the K.S.A.


2 posted on 07/09/2018 9:17:36 AM PDT by Olog-hai ("No Republican, no matter how liberal, is going to woo a Democratic vote." -- Ronald Reagan, 1960)
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To: Olog-hai

Somebody secretly over-inflated the number?


3 posted on 07/09/2018 9:19:31 AM PDT by Fightin Whitey
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To: 2ndDivisionVet
Saudi businesses are complaining that locals don't want to do "low-status" jobs that many expats worked

Same thing I see in the American media about how bad it would be to kick the illegals out of our country. Business Insider is using the Saudi example to subliminally reinforce the message to Americans.

4 posted on 07/09/2018 9:26:19 AM PDT by Wissa ("Accidents don't happen to people who take accidents as a personal insult." - Michael Corleone)
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To: 2ndDivisionVet

Except that most of the expats are either in-home servants or grunt construction labor, based on my one visit to Riyadh, years ago. There USED to be Aramco and other oil-worker compounds, but didn’t see any of them. . .


5 posted on 07/09/2018 9:35:22 AM PDT by Salgak (You're in Strange Hands with Tom Stranger. . . .)
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To: 2ndDivisionVet

Well...Europe can send them their “migrants” and Syria can send them their Sunnis. Problem(s) solved!


6 posted on 07/09/2018 9:36:53 AM PDT by House Atreides (BOYCOTT the NFL, its products and players 100% - PERMANENTLY)
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To: House Atreides

We could throw in a couple million Mexicans to boot.


7 posted on 07/09/2018 9:41:35 AM PDT by Tijeras_Slim
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To: 2ndDivisionVet

How about hiring all the Africans and Middle Eastern refugees flooding Europe.


8 posted on 07/09/2018 9:53:44 AM PDT by yesthatjallen
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To: 2ndDivisionVet

LOL. When I worked in Saudi a couple of years ago every Saudi wanted to be the boss. And if you actually needed anything done you found their Ex Pat assistant to do it.


9 posted on 07/09/2018 9:55:36 AM PDT by Kozak (DIVERSITY+PROXIMITY=CONFLICT)
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To: 2ndDivisionVet

Muslims sure do love slavery.


10 posted on 07/09/2018 9:55:39 AM PDT by BenLurkin (The above is not a statement of fact. It is either satire or opinion. Or both.)
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To: 2ndDivisionVet

In the Persian Gulf countries - and I assume it’s the same in Saudi Arabia - the high tech and technical stuff (doctors, banking, engineers, those running the infrastructure etc) were all Westerners. The shopkeepers, factory workers and construction crews and those who did the tough dirty work were from the Indian subcontinent. The Arabs didn’t do much of anything except soak up government handouts.

Oil is not going to last forever and as their population grows, the benefits get less lavish anyway. If they’re not to experience a brutal crash in their living standard in the next generation or two, their own people are going to have to get off their asses and start working. They’re going to have to admit to themselves that memorizing passages in a 1300 year old book is not “education” and does nothing to prepare one for the modern world.


11 posted on 07/09/2018 9:56:07 AM PDT by FLT-bird
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To: Salgak

Still lots of expats in ARAMCO and hospitals etc. Saudi collapses without them.


12 posted on 07/09/2018 9:56:56 AM PDT by Kozak (DIVERSITY+PROXIMITY=CONFLICT)
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To: Olog-hai
As I am sure you know, ex-Pats in KSA run the range from a Pakistani working on a road crew to an Egyptian cooking in a restaurant to chauffeur from India driving and airport shuttle to an American engineer keeping the crude oil pumping and thousands of others not named.

I worked with a well educated Saudi in a previous life (the only local in a company unit of 250) who told us that a basic problem with the Saudi workforce is that only 20% of working age adults were actually working and maybe half of those were actually qualified to do their jobs.

While it is probable that those numbers have improved somewhat since those days (mid 1990s), just imagine what a social upset a similar situation would cause in a campus full of "professional" entitled students on in an inner city neighborhood. "How dare they expect us to WORK for our entitled benefits!"

While these transitions can be done, they are not easy and have never been attempted on the KSA scale before. The Kingdom of Bahrain is probably the best example. They pumped out the last of their oil 40 years or so ago and made a successful transition into being the regions banking, shopping and tourist center. They also practice a far more laid-back and tolerant brand of Islam, save for a die-hard tribe of Shiites who are the source of almost all the crime and unrest in the idyllic little island kingdom.

13 posted on 07/09/2018 9:57:26 AM PDT by Vigilanteman (ObaMao: Fake America, Fake Messiah, Fake Black man. How many fakes can you fit into one Zer0?)
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To: 2ndDivisionVet
One of my father's cousins was a welder. He worked for an oil company in Saudi Arabia. He left when a mob started throwing rocks at him. I didn't blame him. He spent the rest of his days as a welder in The USA.
14 posted on 07/09/2018 9:58:01 AM PDT by JoeFromSidney
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To: 2ndDivisionVet
One of my father's cousins was a welder. He worked for an oil company in Saudi Arabia. He left when a mob started throwing rocks at him. I didn't blame him. He spent the rest of his days as a welder in The USA.
15 posted on 07/09/2018 9:58:03 AM PDT by JoeFromSidney
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To: FLT-bird

.
>> “Oil is not going to last forever.” <<

Neither is the universe!

They’ll both expire contemporaneously.
.


16 posted on 07/09/2018 9:59:54 AM PDT by editor-surveyor (Freepers: Not as smart as I'd hoped they'd be)
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To: 2ndDivisionVet

How do you teach welding to someone who’s entire uniform will immediately burn up if a single spark should hit it?


17 posted on 07/09/2018 10:00:13 AM PDT by BobL (I drive a pick up truck because it makes me feel like a man)
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To: Kozak

LOL! See my post #13. I think my Saudi friend was painting an overly rosy picture. Most of the Ex-pats there told me exactly what you did.


18 posted on 07/09/2018 10:00:28 AM PDT by Vigilanteman (ObaMao: Fake America, Fake Messiah, Fake Black man. How many fakes can you fit into one Zer0?)
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To: Wissa
Same thing I see in the American media about how bad it would be to kick the illegals out of our country. Business Insider is using the Saudi example to subliminally reinforce the message to Americans.

That's clearly the intention here.

19 posted on 07/09/2018 10:00:37 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: House Atreides
Well...Europe can send them their “migrants” and Syria can send them their Sunnis. Problem(s) solved!

Bingo!

20 posted on 07/09/2018 10:01:37 AM PDT by dfwgator (Endut! Hoch Hech!)
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