Saudi Arabia – The Common Authority for Statistics in Saudi Arabia revealed that the unemployment fee for all Saudis decreased to 7.6% within the first quarter of 2024, in comparison with 7.8% within the fourth quarter of 2023.
Based on the labor market bulletin issued by the Authority on Sunday, “The unemployment fee elevated barely for Saudi girls within the first quarter of 2024, reaching 14.2% in comparison with 13.9% within the earlier quarter, and the unemployment fee for Saudi males decreased within the first quarter of 2024 to 4.2% in comparison with By 4.6% within the earlier quarter.
The general unemployment fee for “Saudis and non-Saudis” remained comparatively secure at 3.5%, in comparison with 3.4% within the fourth quarter of 2023.
The labor pressure indicators within the first quarter of 2024 confirmed “a rise within the labor pressure participation fee for all Saudis for the primary quarter of 2024, reaching 51.4% in comparison with 50.4% within the earlier quarter, whereas the overall labor pressure participation fee “for Saudis and non-Saudis” decreased, reaching 66.0% in comparison with the fourth quarter of 2023, 67.0%.
The outcomes of the Labor Market Bulletin for the primary quarter of 2024 indicated “a rise within the labor pressure participation fee for Saudi girls, reaching 35.8% in comparison with 35.0% within the earlier quarter, and a rise within the labor pressure participation fee for Saudi males within the first quarter of 2024, reaching 66.4% in comparison with 65.4% within the earlier quarter.”
Supply: “Al-Watan”, Saudi Arabia
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2024-07-01 03:14:23