Saudia Arabia: Women’s Move Into Workplace Aids Bid to Diversify Economy
“By including more women in the labor force, you increase productivity” and thus add jobs to the economy, said John Sfakianakis, chief economist at Riyadh-based Banque Saudi Fransi. “By employing them, the government will get a return on its investment in education.” The king is pushing to raise women’s employment in the world’s largest oil exporter, where only 15 percent of the labor force is female. More working women would give Saudi and international companies higher-skilled employees, since almost 60 percent of Saudi university students are women, and help Saudi Arabia diversify from energy by building technical skills.
To read the complete news story please read Bloomberg.Com.
“By including more women in the labor force, you increase productivity” and thus add jobs to the economy, said John Sfakianakis, chief economist at Riyadh-based Banque Saudi Fransi. “By employing them, the government will get a return on its investment in education.” The king is pushing to raise women’s employment in the world’s largest oil exporter, where only 15 percent of the labor force is female. More working women would give Saudi and international companies higher-skilled employees, since almost 60 percent of Saudi university students are women, and help Saudi Arabia diversify from energy by building technical skills.
To read the complete news story please read Bloomberg.Com.