Saudi Labor Market Update – Q4 2020
Budget ReportThe General Authority for Statistics (GaStat) latest labor market release shows that unemployment declined to 12.6 percent in Q4 2020, down from 14.9 percent in Q3 2020. The improvement was mostly affected by a drop in female unemployment, which declined to 24.4 percent from 30.2 percent in Q3.
Saudi Labor Market Update – Q2 2020
Budget ReportThe General Authority for Statistics (GaStat) latest labor market release shows that unemployment jumped to 15.4 percent in Q2 2020, up from 11.8 percent in Q1 2020, reflecting the economic damage related to the impact of the COVID-19 lockdowns on the local economy during the quarter.
Saudi Labor Market – June 2020
Budget ReportAccording to the International Labor Organization (ILO), global working hours will decline by 10.7 percent in Q2 2020 (equivalent to 305 million full-time workers), when compared to Q4 2019, as a result of lockdowns instituted around the world.
