Unemployment in Saudi Arabia edges higher to 3.50% in Q1-24

Image used for illustrative purpose. Getty Images

Unemployment among Saudis hit 7.60% in Q1-24, down from 7.80% in Q4-23, according to the General Authority for Statistics (GASTAT)

Staff Writer, Mubasher

July 1, 2024

PHOTO
Image used for illustrative purpose. Getty Images

Unemployment in Saudi Arabia (for both citizens and foreigners) inched higher to 3.50% in the first quarter (Q1) of 2024 from 3.40% in Q4-23.

Unemployment among Saudis hit 7.60% in Q1-24, down from 7.80% in Q4-23, according to the General Authority for Statistics (GASTAT).

In Q1-24, unemployment for Saudi females rose to 14.20% from 13.90% in the previous quarter.

Meanwhile, Saudi male unemployment went down to 4.20% in Q1-24 from 4.60% in Q4-23.

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