GASTAT: Unemployment rate of Saudis decreases to 11.7% in Q1 of 2021

saudi unemployment gastat saudis compared
Saudi Arabia
  • Date: 01-Jul-2021
  • Source: Saudi Gazette
  • Sector: Economy
  • Country: Saudi Arabia
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GASTAT: Unemployment rate of Saudis decreases to 11.7% in Q1 of 2021

RIYADH "” The General Authority for Statistics (GASTAT) released the "Labor Market Statistics Q1 2021" on Wednesday. According to estimates of the GASTAT based on the Labor Force Survey, the unemployment rate of total working age populations (Saudis and non-Saudis 15 years and above) decreased to 6.5% in the first quarter of 2021, compared to 7.4% during the last quarter of 2020. Moreover, the unemployment rate of total Saudis (males and females 15 years and above), decreased to 11.7% in the first quarter of 2021, compared to 12.6% during the fourth quarter of 2020. The unemployment rate of total male working age population in Saudi Arabia decreased in the first quarter of 2021 to 3.7% compared to 4.0% in the fourth quarter of 2020. The unemployment rate of total female working age population also decreased from 20.2% in the fourth quarter of 2020 to 16.1% in the first quarter of 2021. Meanwhile, the unemployment rate of Saudi females stood at 21.2% during the first quarter of 2021, compared to 24.4% in the previous quarter, based on the estimates of the Labor Force Survey. The results of the survey also show that the labor force participation rate of the total working

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