The unemployment rate among Saudis drops to the lowest level in 10 years

The labor market bulletin issued by the General Authority for Statistics in Saudi Arabia today, Thursday, showed a decrease in the unemployment rate of the total working-age population (Saudis and non-Saudis 15 years and over) to reach 6.6%, compared to 9% during the second quarter of 2020.

She added that the unemployment rate for Saudis decreased to 11.3 percent in the second quarter of 2021, the lowest level in the previous 10 years, compared to 11.7 percent in the first quarter of 2021.

وجاء Unemployment rate for Saudis Less than it was in the second quarter of last year by 4.2 points, which is 15.4%, that is, it is lower than its level during the beginning of the Corona pandemic.

The results of the bulletin revealed the continued recovery of the economy and the improvement of the labor market in the Kingdom of Saudi Arabia, which was affected, like other countries of the world, due to the impact of the Corona pandemic.

In the same context, the results of the survey showed a decrease in the unemployment rate for Saudi males (15 years and over) for the second quarter of 2021; It reached 6.1% compared to 7.2% in the previous quarter, while the unemployment rate for Saudi females (15 years and over) for the second quarter of 2021 was 22.3%.

Unemployment rate in Saudi Arabia

The results of the survey indicated that the labor force participation rate of the total population (Saudis and non-Saudis 15 years and over) for the second quarter of 2021; It reached 60.8% of the labor force survey estimates, compared to 61.1% in the first quarter of the same year.

According to the results of the labor force survey for the second quarter of 2021, the labor force participation rate for the total male population (15 years and over) reached 79.2%, and the results indicated that the labor force participation rate for the total Saudis (males and females 15 years and over) for the second quarter from 2021 AD; It reached 49.4% of the reality of the labor force survey estimates.

On the other hand, the bulletin showed an increase in the labor force participation rate for Saudi females (15 years and over) for the second quarter of 2021 AD; Where it reached 32.4% compared to 32.3% in the previous quarter, while the labor force participation rate for Saudi males (15 years and over) decreased for the second quarter of 2021 AD; It reached 65.7% compared to 66.2% in the previous quarter.

Regarding the labor market bulletin, the General Authority for Statistics clarified that it relies in its results on two sources of data: The first source is through the implementation of a household survey conducted by the Authority that falls under the classification of (social statistics), in which information is collected through a representative sample of the population of the various administrative regions in the Kingdom from Families, and completing an electronic form containing a number of questions, through which estimates and indicators related to the labor force of the working-age population of the age group (15 years and over) settled in the Kingdom are provided, and an estimate of the economically active and inactive population (inside and outside the labor force), as well as calculating The most important labor market indicators such as unemployment rates, labor force participation rates, employment rates, and others.

As for the second source of data, it is represented in the data and information registered and updated with government agencies related to the labor market, and resulting from the official electronic registration and documentation processes followed in these agencies. The General Organization for Social Insurance, and the National Information Center) to provide the Authority with the data registered with them on a regular basis through electronic linking, describing these bodies as a main source of data for workers in the government sector and the private sector.

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