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Saudi labor market advances
Experts in the Saudi labor market have confirmed that the stability in the unemployment rate is a result of efforts to localize jobs and sectors, with varying localization percentages that suit the nature of each profession. They pointed out that the market has become more organized and clearer due to new regulations and laws that contribute to enhancing market efficiency and regulating its relationships. Data also showed that the success of localization programs requires concerted efforts by relevant authorities to achieve objectives and increase the participation of national workforce in the labor market.
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