The unemployment rate among Saudi citizens reduced to 11 percent in the fourth quarter of 2021.
The General Authority for Statistics (GASTAT) released the “Labor Market Statistics Q4, 2021, on its official website which revealed this data.
The unemployment rate fell by 0.3 percentage points (pp) from Q3/2021, and lower by 1.6 pp when compared to a year ago in Q4/2020.
Also, the job growth among males kept pace with increases in the participation rate, pushing the unemployment rate down 0.7 pp to 5.2 percent.
According to the report, the unemployment rate of female youth rose 2.4 pp to 25.2 percent in the fourth quarter of 2021.
The labor force participation rate of the total working-age population (Saudis and non-Saudis 15 years and above) edged up 0.3 pp to 61.5 percent.
Meanwhile, the Saudi labor force participation increased to 51.5 percent, said the GASTAT report.