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FinancialNews


  • 15-09-19

    Fall to 12.3 percent in Saudi unemployment

    (MENAFN) Data that the Saudi General Authority for Statistics (GaStat) issued revealed a decline in the Kingdom's unemployment rate to stand at 12.3 percent from April to June.

    This figure comes in comparison to the 12.5 percent unemployment rate Saudi Arabia registered during the first quarter of this year.

    Saudi Arabia recorded a drop to reach 5.6 percent in its unemployment, counting citizens and residents, during the second quarter from the 6 percent seen a quarter earlier.

    Economic reforms that the Kingdom launched under Vision 2030 have driven the results, reflecting efficiency through the constant decreases in the unemployment rate.

    MENAFN1509201900450000ID1099005627

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