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Asharq Al-Awsat
Asharq Al-Awsat
Business
Riyadh - Asharq Al-Awsat

Unemployment Rate Continues to Decline among Saudis

The Saudi government is working on measures that stimulate the employment of citizens. (Asharq Al-Awsat)

Saudi Arabia’s labor market indicators showed a decrease in the unemployment rate by 1.4 percentage points in the third quarter of 2022, compared to the same period in 2021.

The rate of participation of citizens in the labor force increased by 2.7 percentage points, and the ratio of the employed to the population increased by 3.1 percentage points, according to new data released by the Saudi General Authority for Statistics (GASTAT).

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