Kuwait Employment and Career News
Unemployment benefit bill approved by Cabinet
The Kuwaiti Cabinet has approved a draft bill on unemployment benefits to reduce the social and economic impact of the global economic crisis on local labour market.
During its meeting presided over by Acting Prime Minister and First Deputy Prime Minister and Defence Minister, Sheikh Jaber Mubarak Al-Hamad Al-Sabah at Seif Palace, the Cabinet approved the initiative after a lengthy discussion on the layoffs occurring in the private sector.
The global economic crisis had compelled several private firms to resort to lay-offs, between July 2008 and July 2009. The Kuwaiti government worked out a draft bill on insurance against unemployment, aiming to secure the economic interests of citizens and maintain social stability.
The draft legislation on unemployment benefits aims to lessen the gap between benefits of employees in public and private sectors, while also expanding the small enterprises.
This is inline with public assistance Law No.22 for 1978, the Minister of State for Cabinet Affairs, Roudhan Abdulaziz Al-Roudhan said after the meeting.
Social Bookmarking
Read more news
> Ministry clarifies regarding labour contract for private sector teachers
> Kuwait to set up new authority for recruitment of foreign workers
> Kuwait Labour Ministry re-works on labour issues
> Nearly 80% of Kuwaiti workers unhappy with current salaries
> Kuwait records lowest unemployment rate
> New labour law mandates payment of employee salaries even during business shutdown
> One-fifth of Kuwaiti employers likely to hire in next quarter
> New labour law protects expats, say experts
> Fall in Kuwait expatriate workforce for second consecutive year
> World Bank warns Kuwait against further pay hikes