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The Labor Market for graduates in Saudi Arabia

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Added on  2020-04-21

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An analysis of the current Labor Market for graduates in Saudi Arabia Regular Assignment 1b Term of Reference 2 Methodology 2 Findings 3 Data Analysis 5 Conclusion 6 References 7 Term of Reference The labor market is the market where the people provide their skill to the firm in return for wages, compensation, and other benefits. Key terms: labor market; Unemployment; Women contribution, High youth unemployment Concept and theory: Theory of labor market allocation; supply theory of labor market Methodology The report consists of both the qualitative as

The Labor Market for graduates in Saudi Arabia

   Added on 2020-04-21

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An analysis of the current Labor Market for graduates in Saudi ArabiaRegular Assignment 1b0 | Page
The Labor Market for graduates in Saudi Arabia_1
Table of ContentsTerm of Reference.......................................................................................................................................2Methodology...............................................................................................................................................2Findings.......................................................................................................................................................3Data Analysis..............................................................................................................................................5Conclusion...................................................................................................................................................6References...................................................................................................................................................71 | Page
The Labor Market for graduates in Saudi Arabia_2
Term of Reference The labor market is the market where the people provide their skill to the firm in return forwages, compensation, and other benefits. Graduate labor market shows the picture of employeesthose who are graduate and highly qualified in their particular subject. Labor is the resources ofthe firm to perform a various activity within the organization. The report is based on the currentlabor market of Saudi Arabia for the graduates. The labor market of Saudi Arabia is beingsegmented in several aspects where the employment in the private sector is facing hugechallenges. The report will also highlight the slower growth rate of employment in the countrywhich eventually affects the graduate labor market. The labor market of the country lacks behindthe other countries because only a small percentage of women in Saudi Arabia took part in thelabor market of the country. In this report, the highlight will also be provided on the involvementof women and their contribution to the development of the country.Key terms: labor market; Unemployment; Women contribution, High youth unemploymentConcept and theory: Theory of labor market allocation; neoclassical theory of labor marketMethodology The report consists of both the qualitative as well as quantitative data for understanding theworking function of the graduate labor market within the country. The data is being collectedwith the help of primary and the secondary data. The primary data are being collected from thegraduates of University and also the graduate employees of the organization in the country. Inthis process, 100 people were selected as the primary participants of the research study. Randomselection technique was utilized to select the respondents. Several open-ended, as well as close-ended questions regarding the graduate labor market in Saudi Arabia, was presented in front ofthe respondents. Then the secondary data for understanding the graduate labor market of SaudiArabia is also utilized where the most important information is gathered from the labor marketreport of the country. Various other sources are also analyzed to achieve effective informationand data on the facts. Data analysis is the method of systematically applying the statistical as well as logical techniquesfor the description along with the illustration of appropriate research findings. In this report, boththe quantitative as well as qualitative data analysis method is being utilized. The analysis of2 | Page
The Labor Market for graduates in Saudi Arabia_3

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