Mar 28 2012
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Jobless cost SR5.5bn yearly
Mahmoud Awad, manager of Liqaat employment program, also pointed out that about 50 percent of private companies in the Kingdom are in the red category of the Nitaqat Saudization system.
Addressing a meeting at Jeddah Chamber of Commerce and Industry, Awad said the Liqaat program was introduced to supply qualified Saudi job seekers to private sector employers.
Awad said the program would contribute to preventing Saudi employees dropping out from private companies. "The dropouts happened when Saudis were employed in positions that do not match their capabilities."
Awad disclosed plans to hold a job fair in Jeddah for five days from April 15 and another in Dammam on July 6-11.
He requested private companies to participate in the fairs, adding that the ministry would meet 65 percent of its expenditures.
© Arab News 2012
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