Millions of Pakistanis working in Saudi Arabia will lose their jobs
According to a report, Corona will lose the jobs of 1.2 million migrants who are returning home.
One in four foreign workers in Saudi Arabia is from Pakistan. The number of Pakistani immigrants in the country is said to be more than 2.2 million who are serving in various fields. However, according to a report, 1.2 million migrants will return home in 2020 due to job losses, largely due to the economic crisis in Corona.
With the highest number of Pakistani immigrants in the country, there are fears that millions of Pakistanis could be unemployed. Al-Arabiya News reports that according to a report by Jeddah Investment Company, Sports activities, including rent and lease, travel agencies, security and building services will be hardest hit, and migrant workers will return to their home countries.
However, the report said that despite such a large exodus of foreigners, the unemployment rate among Saudi nationals will not decrease and will remain at 12%. Despite easing lockdown measures to prevent the spread of the virus, many areas are not expected to fully recover in the near future.
These include the travel, hotel, restaurant, tourism and environment sectors in particular. According to Jeddah, Saudi Arabia’s unemployment reduction scheme will play an important role in maintaining jobs for Saudi nationals in the private sector. Overall, the business environment will improve in the second half of the year, especially in the fourth quarter, which will make a significant difference and will have a positive impact on the employment of its citizens. They can benefit and get jobs that in the past were only given to foreigners. In this way, they will have more opportunities in the process of reviving the economy after the corona virus.