Job Opportunities for Saudis Abound

by shariff mohammed | Mar 02, 2017


The Saudi Labor Market Outlook analyses released by Ministry of labor and Jadwa research shows that the transformation that has taken place and looks ahead to the potential significant challenges still facing the labor market within the Kingdom.

According to the labor report of Jadwa Research 2016 Q3, Saudi unemployment rose to a four-year high, although employment growth remained positive. The Saudi labor force participation rate rose to a record high, reaching 42 percent in Q3, pushed up by higher participation from both Saudi males and females. However, the improvement in the Saudi participation rate was associated with an irregular decline in the number of Saudis outside the labor force, which led to a significant fall in the Saudi working-age population.

Abdullah A. Al-Saleh of Shine Talents said, "During the first three quarters of 2016, total net employment in the Kingdom saw a significant rise of 892 thousand, compared with a 417 thousand increase between 2014 and 2015. However, 95 percent of these positions went to non-Saudis. Saudi net employment reached 45.5 thousand, year-to- September, trending further down from a record low of 49.9 thousand recorded between 2015 and 2014."

This trend resulted in the Saudization ratio of the whole economy falling from 43.3 percent in 2015 to 40.6 percent in Q3 2016. Meanwhile, the Saudi unemployment rate rose to 12.1 percent in Q3 as more Saudis joined the labor force, while employment growth slowed. Within the Saudi labor force, female unemployment rose faster than males, while Saudi youth unemployment rose marginally as well.

Saudi Labor Participation has Improved
Saudi Youth And Skill-Matchmaking
Employment Trends in Different Economic Sectors 


Read the full article

Send your Comments

  1.    
     
     
      
       

 
      Print                     Subscribe

Follow Us

 

More ad in this place