13 Hrs
Source:
الاقتصادية
Saudis Record Low Unemployment
The article discusses a slight increase in the unemployment rate among Saudis to 6.5% by the end of the second quarter of 2026, despite achieving record levels of Saudi employment in the private sector, with the number reaching 1.54 million males and 943,000 females. During this period, there was an addition of 56,500 jobs over three months. Although the workforce numbers are increasing, the unemployment rate has risen due to the surge in new graduates and the growth of the labor force, especially among males, where it reached 9.6%. Additionally, Saudi women's participation in the labor market has exceeded targeted goals. These results are part of the Vision 2030 efforts to diversify the economy and promote employment, with employment levels and objectives surpassed despite regional tensions.
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