25 Dec 2024

Last update 29 / 01 / 2019

GASTAT: Saudi Unemployment Rate Falls in Q3 of 2018

 

GASTAT Releases Labor Market Bulletin for Q3 of 2018

GASTAT: Saudi Unemployment Rate Falls in Q3 of 2018

 

General Authority for Statistics (GASTAT) has released Labor Market Bulletin for Q3 of 2018. It has been published on GASTAT's official website www.stats.gov.sa, in accordance with surveys of labor force conducted by the Authority on a quarterly basis, together with data of labor market, based on administrative records of relevant entities. Such entities include: Ministry of Labor and Social Development, Ministry of Civil Service, General Organization for Social Insurance, Human Resources Development Fund, and National Information Center.

 

The economic participation rate of total population (15 years and above) has risen by (56.4%)for Q3, compared to (56.2%) for Q2.  During the same period, the economic participation rate for total Saudis, at (42.0%), and for Saudi males (15 years and above) at (63.5%), has not changed in Q3. However, the economic participation rate of Saudi females (15 years and above) has increased to (19.7%), compared to (19.6%)in the previous quarter, results showed.

 

According to the survey's data, unemployment rate of total Saudis (15 years and above) has fallen to (12.8%), compared to Q2(12.9%). Moreover, unemployment rate of total population (15 years and above) has stabilized at (6.0%) in Q3 of 2018.  Concerning genders unemployment rate, it has decreased for both sexes, reaching (30.9%), compared to (31.1%) in Q2 for (Saudi females), in addition to (7.5%), compared to (7.6%) in Q2 for (Saudi males).

 

The total number of workers, according to administrative records of Saudi Arabia, has witnessed a decline in 2018 by (12,688,042) persons for Q3, compared to (13,018,066) persons for Q2, with a decrease of (330,024) persons. Regarding Saudis, the number of workers, based on administrative records, has edged down to (15,356) persons, reaching (3,109,987) persons, compared to (3,125,343) persons for Q3 and Q2, respectively, the report noted.

 

For non- Saudis, the number of male workers, based on administrative records of Saudi Arabia for 2018, has fallen to (8,622,890) persons in Q3, compared to Q2 (8,927,862) persons, with a decrease of (304,972) persons. Additionally, the number of female workers has dropped by (9,696) persons, reaching (955,165) persons in Q3, compared to (964,861) persons in Q2, according to the results.

 

Based on the bulletin's results, data of Ministry of Civil Service (Jdarah and Saed programs), and data of Human Resources Development Fund (Hafiz and Taqat programs), the total number of Saudi job seekers, according to Saudi Arabia's administrative records, has decreased by (195,297) persons, recording in Q3 (923,504) persons, compared to (1,118,801) persons in Q2.

 

It is worth mentioning that job seekers have been defined by GASTAT as:  Saudi individuals (males or females) enrolled in job search programs of Ministry of Civil Service (Jdarah or Saed), and Human Resources Development Fund (Hafiz). Further, they register their personal data, qualifications, occupational experiences, and CVs through an electronic system. It is important to keep in mind that job seekers are not subject, in administrative records, to the internationally recognized standards and conditions of unemployment approved by the ILO; therefore, they are not considered to be unemployed. Hence, not every job seeker is considered unemployed, s/he may be looking for work, and is working in another job at the same time. This also applies in situations of self - employed workers, who are looking for government entities job, and are not registered as workers in government records (Civil Service, Social Insurance, commercial records, and municipal licenses). For example, self-employed persons who do not work inside establishments.

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