The unemployment rate in Saudi Arabia decreased to 11.8% during the first quarter of 2020 compared to 12% in the fourth quarter of 2019.
According to Arabia Net, the Labor Market Bulletin for the first quarter of 2020, issued by the General Authority for Statistics, showed that the unemployment rate for the total population (15 years and over) is 5.7%. It is the same in the fourth quarter of 2019.
The results of the Labor Market Bulletin show that the labor force participation rate for the total population (15 years and over) reached 58.2%, achieving an increase of 1.8 percentage points compared to the first quarter. From 2019 AD, the stability in the unemployment rate and the high rate of participation in the workforce is due to the increase in the number of employed and unemployed people in the survey, where the participation rate in the male workforce reached 80.4%, while the rate of participation in the female workforce reached 25.4%.
On the indicators of labor force participation for Saudis in the first quarter of 2020 compared to the fourth quarter of 2019.
The unemployment rate of Saudi women was 28.2%, a decrease of 2.6 percentage points, while the rate of Saudi male unemployment rose (15 years or more), reaching 5.6%, an increase of 0.7 points. Celsius.
About the number of workers (Saudis and non-Saudis) from the reality of administrative records, the results of the labor market bulletin for the first quarter of 2020 revealed that their number reached (13,635,612) individuals, while The total number of Saudi workers (male and female) reached (3,203,423) individuals, as the number of Saudi male workers (2,066,553) individuals, while the number of Saudi female workers (1,136,870) individuals.
The results of the Labor Market Bulletin revealed that the total number of Saudis (male and female) looking for work based on administrative records reached (1,015,820) individuals, representing the number of Saudi male researchers Of them (186,969) are citizens, and the number of Saudi females looking for work is (828,851) citizens.
The results of the Labor Market Bulletin indicated that the participation rate in the workforce for Saudi males and females (15 years and over) reached (46.2%) in the first quarter of 2020, A decrease of (0.5) percentage points compared to the previous quarter, while the rate of participation in the workforce for male Saudi men reached (65.8%) in the first quarter of 2020, achieving a decrease of (0.8) compared to the previous quarter, while the rate of Saudi women’s participation in the workforce ( 25.9%) in the first quarter of 2020, a decrease of (0.1) from the previous quarter.
The General Authority for Statistics indicated that the Labor Market Bulletin relies in its results on two sources of data, the first of which ...