Home » News » Unemployment Rates and Labor Force Participation in Q2 2023: Insights from GASTAT Bulletin

Unemployment Rates and Labor Force Participation in Q2 2023: Insights from GASTAT Bulletin

Al-Marsad newspaper – SPA: The General Authority for Statistics (GASTAT) issued today, through its official website, the labor market bulletin for the second quarter of 2023.

Unemployment rate

According to the results of this bulletin, the total unemployment rate (for Saudis and non-Saudis) decreased to (4.9%) compared to the first quarter of 2023 AD, and the unemployment rate for total Saudis decreased, reaching (8.3%) for the second quarter of 2023 AD compared to (8.5%) In the first quarter of the same year, the unemployment rate for Saudi women also decreased for the second quarter of 2023, reaching (15.7%) compared to (16.1%) in the previous quarter. The unemployment rate for Saudi males stabilized during the second quarter of 2023 at (4.6%). ).

drop

Labor force indicators during the second quarter of 2023 showed a decline in the overall labor force participation rate (for Saudis and non-Saudis), reaching (60.8%) compared to the first quarter of 2023. The labor force participation rate for the total number of Saudis also decreased for the second quarter of 2023, as It reached (51.7%) compared to the previous quarter.

2023-09-28 09:03:50
#Statistics #Authority #publishes #latest #report #unemployment #rate #Saudi #Arabia #quarter

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.