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

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

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 recently by the ministry boosts the competitiveness of the Saudi workers to be equal to that of expats, the minister said, adding, that the move