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General Authority for Statistics of Kingdom of Saudi Arabia Released the Labour Market Statistics for the Fourth Quarter of 2020
 
Date : 31 March 2021 Venue : Riyadh Saudi Arabia

The General Authority for Statistics (GASTAT) of Kingdom of Saudi Arabia released the Labour Market Statistics for the fourth quarter of 2020 on 31 March 2021.

According to the release, the unemployment rate of total population, (Saudis and non-Saudis with ages 15+) decreased to 7.4% in the fourth quarter, compared to 8.5% in the third quarter of 2020 based on the Labour Force Survey (LFS) and estimates of the GASTAT.

Moreover, the unemployment rate of total Saudis (males and females with ages 15+) decreased to 12.6% in the fourth quarter compared to 14.9% in the third quarter of 2020.

The results of the LFS also showed that the labour force participation rate of the total population (Saudis and non-Saudis with ages 15+) increased to 61% in the fourth quarter compared to 59.5% in the third quarter of 2020.

For more details, please visit:

https://www.stats.gov.sa/sites/default/files/LM_Q4%202020%20%28Press%20release_EN%29_0.pdf

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