Unemployment rate among Saudis down to 12.6% in Q4 2020

Riyadh city

The unemployment rate among Saudis decreased to 12.6% in Q4 2020 from 14.9% in Q3 2020, according to data from the General Authority for Statistics (GASTAT).

In addition, unemployment rate among males and females stood at 7.1% and 24.4%, respectively, in the same period.

Meanwhile, unemployment rate among all residents (15 years and above) dropped from 8.5% to 7.4% by the end of Q4 2020.

Commenting on the survey, Ahmed Al-Rajhi, Minister of Human Resources and Social Development, said the expansion in the Saudization program will continue in all sectors, activities, and professions.  

The total number of employed persons across the Kingdom stood at 13.32 million in Q4 2020. Males accounted for 81.3%, or 10.83 million of total labor force, while females represented 18.7%, or 2.49 million.

Meanwhile, employed expats accounted for nearly 10.07 million, representing 75.6% of the total employees, while nationals accounted for 24.4%, or 3.25 million.

A total of 8.38 million workers, or 62.9% of total labor force, are subject to the regulations of the General Organization for Social Insurance (GOSI), while 9.6% are subject to the rules of the Civil Service. Meanwhile, 27.5% of total labor force represents domestic workers.

*Data from the Ministry of Labor doesn’t include military and security employees and workers abroad.
 

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