Challenges and Strategies in Tackling The Issues of Structural Unemployment in Saudi Arabia: A Review of Vision 2030
The aim of this paper is to analyze and review the current unemployment crisis in Saudi Arabia and alternative schemes that might be designed to reduce structural unemployment in Saudi Arabia. Localization of the workforce is one of the major initiatives taken by the Saudi government to reduce the unemployment of their local work force. The current study comprehensively reviewed the effectiveness of the measure called by the Saudi regime. The data and information are collected using secondary data which are government reports, website, as well as past research. Literature indicated that the incorporation of the workforce initiatives has significantly reduced the unemployment of the Saudi work force. Yet the trouble still exists and Saudi government and policy makers still required developing more efficient strategies to cope with the situation. The Kingdom has never hit 100 percent employment due to various factors including the nature of the labour market. It was also suggested that the continuous issue for this structural unemployment is because there are stilllarge number of expatriates in many organization in the Saudi even after the government has implemented the Saudization program.
Index Terms—Alternative Solution, Localization, Vision 2030, Structural Unemployment