loading

GASTAT Labor force participation rate of Saudi females reaches 36.2%

31-12-2024

The General Authority for Statistics (GASTAT) issued today the Labor Market Publication for the third quarter of 2024. According to the findings of the publication, the unemployment rate among Saudis in the third quarter of 2024 stood at 7.8%, reflecting an increase of 0.7 percentage points compared to the second quarter of the same year, yet demonstrating an annual decrease of 1.0 percentage points relative to the third quarter of 2023.

The publication further revealed that the overall labor force participation rate (including Saudis and non-Saudis) rose by 0.4 percentage points from the second quarter of 2024, reaching 66.6%. Additionally, the labor force participation rate among Saudi nationals increased by 0.7 percentage points during the third quarter of 2024, reaching 51.5%, which also represents an annual rise of 0.7 percentage points. The employment-to-population ratio for Saudis grew by 0.2 percentage points to 47.4%, reflecting an annual increase of 1.1 percentage points.

The results also highlighted a notable increase of 0.8 percentage points in the labor force participation rate of Saudi females, which reached 36.2%. Furthermore, the employment-to-population ratio among Saudi females rose by 0.5 percentage points to 31.3%. For young Saudi females aged 15-24, the labor force participation rate increased by 1.0 percentage point to 18.0%, while their employment-to-population ratio rose by 0.6 percentage points to 13.6% during the third quarter of 2024.

Among Saudi young males, labor force participation rose by 1.1 percentage points, reaching 34.6%. For Saudi males as a whole, the labor force participation rate increased by 0.6 percentage points, reaching 66.9%, while their employment-to-population ratio rose to 63.7%. Regarding Saudi nationals within the core working-age group (25-54 years), the labor force participation rate increased by 0.7 percentage points, reaching 69.4%, while the employment-to-population ratio rose by 0.3 percentage points, reaching 64.8%.

It is worth noting that unemployed Saudis adopt a diverse range of active job search methods, with an average of 5.0 methods utilized per job seeker. Among these, the most frequently employed method was seeking job opportunities through friends or relatives, accounting for 87.7%. This was followed by direct applications to employers, at 75.0%, while 71.2% utilized the Unified National Employment Platform (Jadarat).
 

Read Also