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Saudi Unemployment Rate Drops to 9.7% in Q2 of 2022

Saudi Unemployment Rate Drops to 9.7% in Q2 of 2022

Thursday, 29 September, 2022 - 10:15
The Labor Market Publication results for the second quarter of 2022 indicated an increase in the labor force participation rate for Saudi females in the second quarter. Asharq Al-Awsat

The General Authority for Statistics (GASTAT) said Thursday that the Saudi unemployment rate has decreased to 9.7% in the second quarter, compared to 10.1% in the first quarter of 2022.


According to GASTAT’s Labor Market Publication for the second quarter of 2022, the total unemployment rate (for Saudis and non-Saudis) has decreased to 5.8% in the second quarter, compared to 6.0% in the first quarter of 2022.


The unemployment rate for Saudi females has also dropped in the second quarter of 2022, reaching 19.3% compared to 20.2% in the previous quarter, and the unemployment rate for Saudi males has decreased in the second quarter of 2022, reaching 4.7% compared to 5.1% in the previous quarter.


The labor force indicators in the second quarter of 2022 showed an increase in the total labor force participation rate (for Saudis and non-Saudis) as it has reached 60.8% compared to 60.4% in the first quarter of 2022. The Saudi labor force participation rate has also increased in the second quarter of 2022, reaching 51.8% compared to 50.1% in the previous quarter.


The Labor Market Publication results for the second quarter of 2022 indicated an increase in the labor force participation rate for Saudi females in the second quarter of 2022, reaching 35.6% compared to 33.6% in the previous quarter. The labor force participation rate for Saudi males has also increased in the second quarter of 2022, reaching 67.5% compared to 66.0% in the previous quarter.


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