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Saudi unemployment rate decreases to 10.1% in Q1 of 2022: GASTAT

The Saudi General Authority for Statistics (GASTAT) issued the labor market bulletin today for the first quarter of 2022.

According to the results of this bulletin, the unemployment rate for total Saudis decreased to (10.1%) for the first quarter of 2022 compared to 11.0% in the fourth quarter of 2021, and the total unemployment rate (for Saudis and non-Saudis) decreased to (6.0%) compared to 6.9% In the fourth quarter of 2021.

The labor force indicators in the first quarter of 2022 showed a decrease in the participation rate in the labor market for the total population (Saudis and non-Saudis) to reach (60.4%) compared to (61.5%) in the fourth quarter of 2021, in addition to a decrease in the participation rate of the total Saudis for the first quarter from 2022 to reach (50.1%) compared to (51.5%) in the previous quarter.

The results of the Labor Market Bulletin for the first quarter of 2022 indicated a decrease in the participation rate of Saudi women for the first quarter of 2022 to reach (33.6%) compared to (35.6%) in the previous quarter, in addition to a decrease in the participation rate of Saudi males for the first quarter of 2022, reaching (66.0%) compared to (66.8%) in the previous quarter.

The General Authority for Statistics indicated that the Labor Market Bulletin relies in its results on a household survey conducted by the Authority that falls under the classification of (social statistics).

 Information is collected through a representative sample of the population of the various administrative regions in the Kingdom of Saudi Arabia, and an electronic form containing several questions is completed.

 Estimates and indicators related to the labor force of the working-age population of the age group (15 years and over) settled in the Kingdom of Saudi Arabia are always provided, and the population estimate (inside and outside the labor force), as well as calculating the most important labor market indicators such as unemployment rates, labor force participation rate and playback rates.

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