Resource Fund: 329,000 employed in H1
The Human Resources Development Fund announced the employment of 329,000 Saudi nationals in the Saudi labor market during the first half of this year, representing a 23% increase compared to the same period last year. This growth is attributed to the effectiveness of the programs and initiatives implemented by the fund, which have contributed to developing national skills and enhancing their readiness for the market. Additionally, the total direct support provided to individuals and establishments reached 4.9 billion riyals, with 1.69 million Saudi men and women benefiting from the fund's services. There has also been a 25% increase in the number of beneficiary establishments, most of which are small and medium-sized enterprises, reflecting the fund’s support for private sector growth and the expansion of employment opportunities.
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