More than 7 million jobs in the American economy remained vacant in September, comfortably outnumbering the roughly 6 million workers seeking employment. The number of job openings dropped slightly from the previous month’s record of 7.3 million to 7.125 million, according to the Labor Department. The number of unemployed people actively seeking jobs inched up […]

by aawsat.com — Lebanese caretaker Tourism Minister Avedis Guidanian issued on Tuesday an apology to Egypt after criticizing the country’s cleanliness and living conditions. Guidanian, in an interview published on Monday by Lebanon’s English-language Daily Star, complained that negative media reports about Lebanon were harming his country’s image and hindering tourism. “Look at Egypt – […]

by Rosalie Chan —thisisinsider.com — – Turns out the hottest job of 2018 could be that of a DevOps engineer. LinkedIn just released its report on the most-recruited jobs of 2018, showing that DevOps engineer was the most recruited job, followed by enterprise account executives and frontend engineers, in second and third place, respectively. This job is […]

The ghost apartments of Beirut are haunting the economy. Permanently-drawn curtains on the city’s empty luxury high-rises and dust gathering over shuttered storefronts in the Beirut Souks mall offer a glimpse of the economic gloom gathering over one of the world’s most indebted countries. Prolonged conflict in neighboring Syria and political divisions at home have […]

MASNAA, Lebanon (Reuters) – Lebanese exporters hoping to send their goods to the lucrative Gulf market through the reopened Syrian-Jordanian border are grappling with higher Syrian customs duties and competition from producers who have taken their place. The Oct. 15 reopening of the Nassib border crossing holds out the prospect of a much-needed boost for […]

This article does not necessarily represent khazen.org opinion — By Dan De Luce, Ken Dilanian and Robert Windrem  nbcnews.com –– WASHINGTON — The Ritz-Carlton in Saudi Arabia’s capital bills itself as an “elegant oasis” that “completely envelops its discerning guests in majestic surroundings.” But a year ago Sunday, on Nov. 4, 2017, the ultra-luxurious Riyadh […]

The 25 Most Prestigious Internships for 2019 1- Google LLC  — 2- Apple Inc. — 3- Microsoft Corporation — 4- Tesla, Inc. — 5- Facebook, Inc. — 6- Goldman Sachs & Co — 7- Amazon.com, Inc. — 8- J.P. Morgan — 9- SpaceX — 10- The Walt Disney Company — 11- Nike, Inc. –12- Morgan […]

the opinion of this article may not necessarily represent khazen.org opinion

By Vivian Nereim  -bloomberg — bloomberg.com — – Saudi Arabia has quietly revised its plan to overhaul its government and economy by 2020, lowering some targets as Crown Prince Mohammed bin Salman’s ambitions bump up against the reality of implementation. The scaled-back blueprint — posted unannounced online — doesn’t affect major fiscal or energy-related reforms. But the lowered bar is a sign that parts of the original plan were overly optimistic, and illustrates the challenges ahead for the prince, whose reputation has been tarnished by the killing of government critic Jamal Khashoggi by Saudi agents in the kingdom’s Istanbul consulate. The program, released in 2016, was designed to overhaul the Saudi economy and prepare for life after oil. The government had already been forced to backtrack on some of its more unpopular measures, including cuts to government workers’ allowances. It’s also set less challenging projections for lowering unemployment as the private sector struggles. The government didn’t immediately respond to a request for comment on the modified plan posted online.

Women in Workforce: Female participation in the job market is one key target that’s been pared. The new goal is to have women make up 24 percent of the workforce by 2020, down from an original goal of 28 percent and 21.2 percent last year. Less ambitious goals were also set for training government employees, and some of the measures designed to improve health services and raise quality of life. Some targets were unchanged, while several new ones have been added, including reduced corruption, raising the retail sector’s share of economic output and better integrating people with disabilities in the workforce. The National Transformation Program, announced with much fanfare, was the first initiative released under Prince Mohammed’s “Vision 2030” plan to remake Saudi Arabia as the kingdom grappled with lower oil prices. It’s still a key part of the 33-year-old prince’s agenda, which is facing major challenges as the economy struggles to regain momentum. The Khashoggi killing has added new obstacles by rocking longstanding alliances and spooking foreign investors. Civil servants and consultants began redoing the program last year after its rushed launch led to overlap with other initiatives and data errors in the planning document. The errors included a baseline figure for women workers that was overly high.

Saudi Prince Starts to Pay Political Price for Khashoggi Murder