Decrease in Unemployment Rate in Saudi Arabia: Positive Results of Government Initiatives

2023-09-28 17:30:10

Dammam: In Saudi Arabia, the rate of unemployment among natives has decreased once more. The decrease was felt in the figures ending in the second quarter of this year. The unemployment rate for the total population fell to 4.9 percent.

The report shows that the projects implemented by the government to solve the unemployment among young women in Saudi Arabia are achieving results. According to the data for the second quarter of 2023, the unemployment rate among the natives has decreased to 8.3 percent.

It was less than 8.5 percent in the previous quarter. The report was released by the General Authority for Statistics. Among the women, the unemployment rate experienced the greatest reduction. The unemployment rate dropped to 15.7 percent from 16.1 percent. There was no change in the unemployment rate among men. It remains at the current 4.6 percent.

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