Signed a joint memorandum of understanding with the Ministry of Labour and Social Development
GaStat: We work on developing data of labour market to support decision makers 

On Monday 20 Rabī‘ al-awwal,1438 corresponding to December 19, 2016 , GaStat signed a memorandum of understanding to develop electronic data exchange and integration and the implementation of a number of joint national initiatives relevant to the data of labour market in the Kingdom of Saudi Arabia. The national Labour Market Observatory and the "Labour Market bulletin" are considered the main outputs of this memorandum.
Mr. Taiseer Almofarrej, GaStat's official spokesman, clarified that the joint work in the field of data exchange with the Ministry of Labour and Social Development is a work in progress, and that the memo signed today by His Excellency Dr. Fahad Altekhaifi, GaStats President, and His Excellency the Deputy Minister of Labour and Social Development, Mr. Ahmad Saleh Alhomaidan in the framework of developing joint work, particularly after the merging of  the Labour with Social Development is made to keep pace with the new changes in this field. Emphasizing on the importance of collaboration to provide statistical services  that support decision makers and users by providing statistical data and information that is immediate, comprehensive, reliable and flexible in the best interest of beneficiaries either citizens or residents. Almofarrej stressed that the reinforcement of collaboration between GaStat and the Ministry is based on developing entire statistical products related to labour force, social development, establishments, statistical data exchange and integration and the integration of work at the relevant national observatories. The joint work also includes the unifying of standards, classifications and definitions of labour force, social development and establishments. The memorandum contributes in achieving the goals of the social development national strategy, the Saudi employment strategy, the tenth development plan, the privatization strategy and the national strategy of statistical development. 
GaStat's official spokesman also asserted that most important outcomes of this collaboration is: the support of statistical data production and dissemination through surveys and administrative records carried out by GaStat and the Ministry on a regular basis, total coordination regarding labour force statistical data dissemination, facilitate cooperation in the exchange and flow of information, the development of Saudi labour market data system through providing a statistical database that is highly accurate to be used by decision makers, planners, researchers and relevant entities, unify efforts to ensure getting accurate statistical data for the most important indicators of the labour market and social development which contribute in the measurement of the 2030 Saudi Vision and the 2020 national transformation program, meet the requirements of the beneficiary entities, the collaboration in establishing a databases for GaStat which are not-for-profit, associations and charities, cooperative committees and social development centers, the collaboration and coordination to reinforce the specialized observatories currently in place, establish and prepare new statistical products specializes in the labour market and social development issues. 
On the other hand, Mr. Taiseer Almofarrej clarified that GaStat is currently working in collaboration with the Ministry of Labour and Social development, Ministry of Civil Services, Human resources Development Fund and the General Organization for Social Insurance to develop the labour market data through the production of "Labour Market Bulletin" to be a periodic integrated bulletin that meets the demand for suitable trained and qualified manpower , and the supply side of the population of who are capable of working and willing to search for a job at  certain period of time. The bulletin will be the updated version of the quarterly Labour force Survey results conducted by GaStat.