Kuwait Records Highest Annual Job Losses In 30 Years

Kuwait Records Highest Annual Job Losses In 30 Years

2021-02-23 | By middleeastmonitor | 16 Hits

The number of jobs in Kuwait decreased by 42 per cent during 2020 recording the highest annual employment losses in nearly 30 years due to the repercussions of the coronavirus crisis According to a report issued by the National Bank of Kuwait NBK the largest bank in the country yesterday the decline was reflected in the modest rate of employment activity growth for Kuwaiti citizens and a sharp decline of jobs reserved for expatriates The report said that quotthe public sector performed well recording a growth of 27 per cent compared to >>READ MORE

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