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Unemployment Rate Among Saudis Drops to Historic Low of 6.3% in Q1 2025
Unemployment Rate Among Saudis Drops to Historic Low of 6.3% in Q1 2025

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Unemployment Rate Among Saudis Drops to Historic Low of 6.3% in Q1 2025

The results of the Q1 Labor Force Survey, released today by the General Authority for Statistics, show that the unemployment rate among Saudis has declined to a historic low of 6.3% in the first quarter of 2025, down from 7% at the end of Q4 2024. This marks the lowest unemployment level ever recorded in the Kingdom, surpassing the Saudi Vision 2030 target of reducing unemployment to 7%. The Ministry of Human Resources is now aiming for a new target of 5%. The unemployment rate among Saudi males stood at approximately 4.0%, while the rate among Saudi females reached 10.5%. For non-Saudis, the unemployment rate was 0.8%. According to the Authority, based on labor force survey estimates, the overall unemployment rate for the working-age population was 2.8% in Q1 2025, compared to 3.5% in Q4 2024. The data also showed a rise in the labor force participation rate for Saudi males, reaching 66.4% in Q1 2025. The labor force participation rate among Saudi females also increased, reaching 36.3% in the same period. It is worthy to note that the Northern Borders Region recorded the highest overall unemployment rate among Saudi regions at 5.1%, while Riyadh and the Eastern Province reported the lowest rates at 1.4% and 1.9%, respectively. Related Topics: GASTAT: Saudi Arabia's Unemployment Rate Declines to 3.5% in Q4 2024 Riyadh Fashion Week, Latest Edition Presents 'Power of Women' Collection Rate of Saudi women's empowerment 'technically' jumps from 7% to 33% Saudi Arabia's Vision 2030 : A Catalyst for empowering women Short link : Post Views: 4

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