Saudi unemployment rate to dip below 7% by 2030: Minister

SourceZawya
SectorEconomy
CountrySaudi Arabia

Saudi unemployment rate to dip below 7% by 2030: Minister Labor market strategy includes 11 reforms and 25 initiatives, to restructure the labor market and create more job opportunities    Image used for illustrative purpose Members of the Chambers of Commerce in the Saudi capital Riyadh vote for a new president of the commercial body in rare elections November 11, 2008.

RIYDAH — Ahmed Al-Rajhi, minister of Human Resources and Social Development, said that the Kingdom is proceeding with the efforts of reducing the unemployment rate to less than 7% by 2030.Al-Rajhi said on Friday, in an interview with Al Ekhbariya TV channel, that the ministry’s agreements with partner entities and supervisory ministries have created 420,000 job opportunities for Saudi men and women.The initiative of improving the contractual relationship launched ...read more...