GASTAT: unemployment rate among Saudis falls to 12%

GASTAT: unemployment rate among Saudis falls to 12%

The unemployment rate among Saudis have shown a drop for all Saudis, both male and female 15 years and above, to 12% during the Q3 2019, compared to 12.3% during Q2 2019, Saudi Press Agency (SPA) said.

The survey results have shown a rise in the rate of economic participation for all Saudis, both male and female, 15 years and above, to 45.5% during Q3 of 2019 compared to 45% during the previous quarter (Q2).

Meanwhile, the rate of economic participation among Saudi women remained constant at 23.2%.

The jobseekers register their personal data, qualifications, practical experience and CVs via an electronic system in the authority that is looking for applicants.

Saudis looking for jobs in the administrative records are not subject to the internationally known unemployment criteria and conditions recognized by the International Labor Organization (ILO).

As a result, not all of them are considered to be unemployed.

Hence, on this basis not every jobseeker is an unemployed person. He might be searching for a job when he has another job.

The same is the case with jobseekers who registered in the government job portals.

They could be self-employed, with no registration in the government records.

Such government registers include those of the Ministry of Civil Service, General Organization for Social Insurance (GOSI), commercial registers and municipality licenses.