New Year brings with it splendid new opportunitiesJanuary 4, 2016 10:46
There isn’t much point to, well, pointing fingers, if it’s not breaking any barriers or glass ceilings, says Precious de Leon
March 20, 2011 5:01 by Precious de Leon
Recruitment agencies and HR departments are like matchmakers. Their job is to find the perfect marriage between a company’s ideal candidate and the real world qualifications of job seekers.
And when the word ‘nationalisation’ comes up, the job instantly seems doubly difficult.
However , according to a Citi report, that really shouldn’t be the case. It sees twice as many jobs available in the GCC then there are nationals between the ages 15-64 years old, as reported in Emirates 24/7.
Ratios vary from country to country though. “There are just enough jobs in Oman for the entire working-age population, but over 10 jobs per person in Qatar. In principle, full employment should, in all cases, be the norm,” according to the report.
However, the report also sees less than 50 per cent of Bahrainis, Saudis and Omanis of working age are officially employed and the figure is less than 60 per cent for the rest of the GCC.
So if there are more than enough jobs out there, why is unemployment still an issue in the local labour market?
In any other region, when an international company sets up shop, the business instinct is to take on local hires because they know and understand the market and they don’t come with expat packages.