Saudi, British FMs discuss regional developments in phone call    Saudi Arabia unveils new skill-based system for expatriate work permits Classification for existing workers began on June 18 while July 1 set for newcomers    New Saudi embassy building inaugurated in Moscow    Nearly 17 million foreign pilgrims perform Umrah in 2024, up 101% from 2022 Makkah ranks 5th globally in number of international visitors    Saudi Arabia reaffirms dedication to achieving equitable and sustainable digital development    Over 80,000 commercial registrations issued in 2Q 2025, bringing total to 1.7 million    Elon Musk announces launch of new political party amid fallout with Trump    UK Foreign Secretary makes historic visit to Syria    Khamenei makes first public appearance since Iran–Israel war    Desperate search continues as Texas flood kills 51, including 15 children 27 girls from summer camp still missing    Riot Games responds to match-fixing allegations in VALORANT    BLAST responds to BESTIA Visa controversy ahead of CS2 Austin major    Christophe Galtier named NEOM SC head coach ahead of historic Saudi Pro League debut    Level Up Docuseries launches June 6 on Prime Video    OPEC+ further accelerates oil output hike by 548,000 bpd in August    Saudi Arabia tops global ICT Development Index for 2025    Michael Madsen, actor of 'Kill Bill' and 'Reservoir Dogs' fame, dead at 67    BTS are back: K-pop band confirm new album and tour    Michelin Guide launches in Saudi Arabia with phased rollout in 2025    'How fragile we are': Roskilde Festival tragedy remembered 25 years on    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Pakistani star's Bollywood return excites fans and riles far right    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Saudi Arabia's unemployment rate remains at 12% in Q4 2019
Published in The Saudi Gazette on 13 - 04 - 2020

RIYADH — The unemployment rate in Saudi Arabia remained unchanged at 12.0 percent in the last quarter of 2019 compared to the Q3 of 2019, according to official data released on Monday by the General Authority for Statistics (GASTAT) carried by Saudi Press Agency.
According to the survey results, the unemployment rate decreased from 12.9 percent in Q2 of 2018 to 12.0 percent in Q3 of 2019, and settled at this level in Q4 of 2019.
The unemployment rate for total population (15 years of age and above) including Saudis and non-Saudis in the Kingdom stood at 5.7 percent, marking a decrease of 0.4 percent compared to the fourth quarter of 2018.
Unemployment among Saudi males reached 4.9 percent, registering a decrease of 0.8 percent compared to the third quarter of 2019 whereas the unemployment rate among Saudi females remained unchanged at 30.8 percent.
The GASTAT figures also showed rate of participation in the labor force for total population (15+) was 58.8 percent, recording an increase of 2.9 percent compared to Q4 of 2018.
The survey results indicated that 64.1 percent of unemployed Saudis are between the ages of 20 to 29. About half of the unemployed Saudis with a percentage of 56.4 percent hold a Bachelor's degree. However, 84.5 percent of Saudi males and 97.9 percent of unemployed Saudi females have never worked before.
The results also showed an increase in the economic participation rate of all Saudis, which stood at 46.7 percent in Q4 of 2019, witnessing an increase of 1.1 percent compared to the previous quarter. The rate of participation in the labor force for Saudi males reached 66.6 percent in Q4 of 2019, marking a decrease of 0.4, compared to the previous quarter. The reason for the high rate of participation in the labor force for all Saudis can be attributed to the increase in the rate of Saudi females' participation in the labor force by 2.8, which reached 26.0 percent in Q4 of 2019.
The figures are based on the estimates of the labor force survey which is conducted by GASTAT on a quarterly basis as well as the labor market's data from the administrative records of the Ministry of Human Resources and Social Development, Human Resources Development Fund, National Information Center, and General Organization for Social Insurance (GOSI).


Clic here to read the story from its source.