Monday, November 2, 2015

Tourism to Generate 1.7m Jobs With Working Hour a Week.


As expected, the job occasions in the tourism sector of the Kingdom is to reach about 1.7 million by 2020, according to the Tourism Information and Reasearch Centre (MAS), the statistical division of the Saudi Commission for Tourism and National Heritage (SCTNH).

These are the total numbers of jobs in the tourism sector including both direct and indirect in the labour market and others sectors associated and profiting from tourism in Kingdom, the latest report by MAS.

The report said that in the tourism sector in 2015 the number of jobs will increase upto 113,048 and after this there will be more increment to 129,526 jobs by 2017 due to the execution of a number of hotel mega-projects acros the Kingdom especially in the two Holy Cities of Makkah and Madinah and in the capital city Riyadh.

MAS figured thatthe number of direct job opportunities in the tourism sector until the end of 2014 reached over 795,000 and rised over 840,000 by the end of 2015, while the indirect was about 397,000 by the end of 2014, and expected to exceed 420,000 by the end of 2015.

The total of both jobs was 1,192,285 by the end of 2014, and rise by the end of 2015 about 1,262,153.


Growth Comes With Loads Of Opportunities

Furthmore, according to the report there would be rapid growth in investments, as the number of tourism accommodation facilities reached 3,710 by the end of 2014, with 1,222 hotels and 2,488 furnished apartments.

As going on with same way, number of hotel rooms in the Kingdom increased 299,500 and furnished apartments 87,050.

Particularly, currently tourism is the second  most important economic sector in the Kingdom, where Saudi has reached 28% and the estimated number of people working in tourism sector by 2025 is predicted to increase 317,352 compared to 94,249 in 2014.

According to industry experts, the tourism sector is probable to make actual difference in national economy and occur as the future alternative to crude oil.

With the increment and decrements of the workers in Saudi Public and Private Sector, let's get to know about working hours of it.

Labour Ministry Said, Saudi Arabia's cabinet has deferred for further study a decision on limiting the private sector work week to 40 hours, part of proposals designed to push more into private employement.

On Twitter late Thursday, the ministry said, the cabinet had delayed its decisions as per the feedback from businessmen. I did'nt say when the decisionn would be made.

As the authorities try to boost the private sector employement in a time of low oil prices they faced a problem, which draining state finances and  threaten to slow the economy.

www.ventureart.biz


Public sector have most workers in Saudi, which gives them benefit of 35 hour work week with big pensions and health benefits too, and Most private sector jobs are held by 10 million foreign workers.

To decrease the burden on public sector and control the number of foreign workers, the government has been considering a proposals to lure more Saudis into private companies by reducing the working week to 40 hours, down from 48 hours in many ways, and increasing weekend to two days from one.

But most of  the business communities has argued that the move would effect the economy by increasing companies cost, deterring investment and companies forcing for the shorter week to hire more foreigners.

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