Sun, 11 05 1444 | 04 Dec 2022

GASTAT: Saudi Unemployment Rate Decreases to 9.7% in Q2 of 2022

On Thursday September 29, 2022, the General Authority for Statistics (GASTAT) issued the Labor Market Publication for the second quarter of 2022, on its official website www.stats.gov.sa
According to the Publication results, the Saudi unemployment rate has decreased to 9.7% in the second quarter of 2022, compared to 10.1% in the first quarter of 2022. The total unemployment rate (for Saudis and non-Saudis) has decreased to 5.8% in the second quarter, compared to 6.0% in the first quarter of 2022. The unemployment rate for Saudi females has also decreased in the second quarter of 2022, reaching 19.3% compared to 20.2% in the previous quarter, and the unemployment rate for Saudi males has decreased in the second quarter of 2022, reaching 4.7% compared to 5.1% in the previous quarter.

The labor force indicators in the second quarter of 2022 showed an increase in the total labor force participation rate (for Saudis and non-Saudis) as it has reached 60.8% compared to 60.4% in the first quarter of 2022.The Saudi labor force participation rate has also increased in the second quarter of 2022, reaching 51.8% compared to 50.1% in the previous quarter.

The Labor Market Publication results for the second quarter of 2022 indicated an increase in the labor force participation rate for Saudi females in the second quarter of 2022, reaching 35.6% compared to 33.6% in the previous quarter. The labor force participation rate for Saudi males has also increased in the second quarter of 2022, reaching 67.5% compared to 66.0% in the previous quarter.

GASTAT indicated that the Labor Market Publication's results depend on a household survey conducted by GASTAT that falls under the classification of (social statistics). In this survey, the information is collected through a sample representing households from the administrative regions in Saudi Arabia, and an electronic questionnaire containing a number of questions. This survey provides estimates and indicators related to the labor force of the working-age population of the age group (15 years and over) who settle in the Kingdom of Saudi Arabia. It also provides an estimate of the population (inside and outside the labor force), as well as calculating the most important labor market indicators, such as the unemployment rate, labor force participation rate, and others.