Labor and Employment

Booz&Co. , 2010

Unemployment is one of the biggest challenges in the Gulf Cooperation Council (GCC)1 region: It has the potential to depress per capita standards of GDP, jeopardize standards of living, and breed economic inequality. Although some of these consequences have been avoided due to the GCC’s provision of welfare for its citizens and, in recent years, by high oil revenues, these are sources of income that will likely prove unsustainable at current levels.

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