45.8% of Employees in Saudi Arabia Work More than 40 Hours a Week

The percentage of employees who have coverage for primary healthcare reached 89.7% (Saudi Ministry of Human Resources and Social Development)
The percentage of employees who have coverage for primary healthcare reached 89.7% (Saudi Ministry of Human Resources and Social Development)
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45.8% of Employees in Saudi Arabia Work More than 40 Hours a Week

The percentage of employees who have coverage for primary healthcare reached 89.7% (Saudi Ministry of Human Resources and Social Development)
The percentage of employees who have coverage for primary healthcare reached 89.7% (Saudi Ministry of Human Resources and Social Development)

A total of 45.8% of employees in the Kingdom work for more than 40 hours per week, and 39.6% of employees work for 40 hours per week on average, the General Authority for Statistics (GASTAT) has announced.

The GASTAT published health and safety at work statistics for 2023 in the Kingdom of Saudi Arabia on Sunday.

The publication showed that employees' actual working hours per day are eight hours.

The percentage of employees trained on health and safety procedures at work reached 46.6%, while the percentage of employees with a dedicated health and safety department at their workplace reached 48.7%.

According to the bulletin, the most common risks faced by employees are standing for long periods of at least four hours daily, with a percentage of 28.21%, sitting on a chair for long periods exceeding three continuous hours, with a percentage of 28.15%, and moving the upper limbs repeatedly for long periods with a percentage of 17.1%.

The results showed that 7.8% of employees directly or indirectly deal with chemical substances, medical waste, radioactive materials, or toxic gases, while 6.3% of employees face electrical, machinery, or drowning risks.

The percentage of employees who have coverage for primary healthcare reached 89.7%.

The most common work-related health issue in the past 12 months is "work-related stress," with a percentage of 3.2%, while 83.5% of employees do not suffer from any work-related health issues.



Gold Prices Climb on Safe-Haven Demand; US Payrolls Data in Focus

Gold bullion displayed in a store in the German city of Pforzheim (dpa)
Gold bullion displayed in a store in the German city of Pforzheim (dpa)
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Gold Prices Climb on Safe-Haven Demand; US Payrolls Data in Focus

Gold bullion displayed in a store in the German city of Pforzheim (dpa)
Gold bullion displayed in a store in the German city of Pforzheim (dpa)

Gold prices climbed on Friday, supported by safe-haven demand arising from the Middle East conflict, while spotlight shifted towards US payrolls report to gauge the trajectory of the Federal Reserve's policy path.
Spot gold was up 0.3% at $2,662.50 per ounce, as of 0325 GMT, after climbing to an all-time high of $2,685.42 on Sept. 26. Bullion has gained 0.2 for the week.
US gold futures edged 0.1% higher to $2,682.10.
The dollar eased 0.1%, pulling back from over a one-month high, making greenback-priced bullion less expensive for other currency holders, reported Reuters.
Geopolitical tensions, particularly concerning Israel and Iran, are supporting gold prices and unless these risks subside, prices are likely to remain near record levels, said Ajay Kedia, director at Kedia Commodities, Mumbai.
The US is discussing strikes on Iran's oil facilities as retaliation for Tehran's missile attack on Israel, President Joe Biden said, while Israel's military hit Beirut with new air strikes in its battle against Lebanese armed group Hezbollah.
Bullion is considered a safe investment during times of political and financial uncertainty, and thrives in a low-rate environment.
The US nonfarm payroll data is due at 1230 GMT. New York Fed President John Williams and Chicago Fed President Austan are also scheduled to speak later in the day.
If the NFP report comes in strong, it will be positive for the dollar and then gold prices will see some profit-booking, Kedia added.
Traders see a 69% chance of a 25-basis-point Fed rate cut in November, according to CME FedWatch Tool.
BMI said in a note it expects gold prices to trade within the range of $2,500 to $2,800 in the coming months.
Spot silver rose 0.4% to $32.17 per ounce and has gained about 1.8% so far this week.
Platinum climbed 1.1% to $1,001.79 and palladium advanced 1.4% to $1,013.46.