Social justice or over-pampering? Kuwait pays 60 million dollars to its laid-off citizens
Up to KD 18.5 million have been paid out to citizens laid off from jobs in the private sector, covering the period from August 2008 to October 2013, it was learned here today. Director of the government’s Manpower and Restructuring Program Abdulaziz Al- Qassar said that the Program was able to find jobs for 44,000 laid off citizens during the period of time in question, adding that the Program consistently tried to find employment for those citizens who were laid off since the onset of the global economic crisis in 2008.
He said that the committee in charge of studying the problem of laid off workers at the time of the global economic crisis found that the number of Kuwaiti citizens working for the private sector, ostensibly affected by the crisis, was not as high as once thought. In fact between September 2007 and June 2009, only about 500 Kuwaiti private sector workers lost their jobs every quarter. He added that the number of the laid off workers after the global crisis was almost the same as before the crisis, and chided those, among them some government agencies, who inflated that number unwittingly.
Regarding the necessity to have an unemployment benefits law, he said the Program was in regular consultation with the Public Authority for Social Security to come up with such a law now that the Program has at least a five year experience in dealing with layoffs, since the global economic crisis in 2008
- Saudi SMEs v overseas enterprises. Who is the winner?
- Why does inflation continue to rise in the UAE?
- With Sisi likely to take over, how will Egypt's 'military economy' look like?
- Will future talks between the IMF and Egypt help the country's economy?
- Is Iran's economy already thriving amidst limited sanctions relief? Apparently so!