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The prospects of labour market in Saudi Arabia for Indonesian workers
Basically this study will cover both the upper end of market demand as well as the supply side of Indonesian labour. Market prospects for Indonesian Workers according to sector and type of work will be the major focus in this study. The issue of foreign labor in Saudi Arabia is now one that touches all corners of the globe. Since 30% of Saudi Arabia's population of 27.3 million are immigrants from other countries, changes in Saudi labor laws affect not only the workers but their families around the world. According to an IMF study (International Monetary Fund), remittances from foreign labor in Saudi Arabia account for 6.2% of Saudi Arabia's gross domestic product (GDP) of $927.8 billion and are an important source of income for many countries. Whether or not this is good for the economy is an issue widely debated in the United States. People advocating easier immigration policies argue that allowing more immigrants to enter the market enables corporations to be more competitive in the global market and therefore help the economy grow as a whole: companies will grow and therefore employ more workers, which will increase income that will therefore increase consumption. On the other hand, people who oppose easier immigration policies argue that immigrants are more desperate to work and will work for much less than natives, making it impossible for natives to compete with them; these policies would cause many natives to lose their jobs or to work for so much less money that they would end up requiring social welfare aid.
KP X.000136 | KP X.INT p | My Library | Available |
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