Author(s): Bikramjit Pal and Abhijit Pandit
Reviewing the progress of the macroeconomy is something that ought to be done now that the global crisis has been overcome. On the other hand, Saudi Arabia is becoming a wealthy and newly developed nation, which means that it is experiencing an increase in its workforce. The purpose of this essay is to investigate the factors that are contributing to the high rate of unemployment in Saudi Arabia as well as the increasingly stringent monetary policies that are being implemented. Several other methods, such as the theory of the common market, are required to confirm the results in situations when Okun's law cannot be put into practice. It is not only necessary but also enjoyable to remodel or refine something. When it comes to the economy, it is of the utmost importance to maintain a comprehensive understanding of the macroeconomic approach, as well as to recognise the monetary and social indicators. The goal of the macroeconomic system, which is to facilitate the placement of jobs and to encourage self-reliance on consumer protection, is imperative. According to ideological and political borders, those who make decisions based on their interests, philosophy, politics, or economic orthodoxy disregard the possibility of profits resulting from future inquiry. The current situation calls for the examination of fiscal and monetary alternatives that address imbalances as well. The pragmatic approach will be maintained, but it will not completely resolve these issues. A collection of graphic novels investigates the way Saudi Arabia's economy is structured. In addition to that, this article would investigate the issues that the state will face in the future about unemployment.