11.3
Saudi Arabia’s private sector workforce surges to 11.3 million
In May alone, approximately 30,881 Saudis joined the private sector for the first time, up from 18,540 in April.
Image Credit: SPA file
Cairo: The number of employees in the Saudi private sector soared to 11.37 million last month, indicating significant job growth, according to an official labour agency.
The Saudi National Labour Observatory (NLO) reported in a monthly publication that the workforce comprises 9 million expatriates and 2.3 million Saudis, including 971,323 female citizens.
Get exclusive content with Gulf News WhatsApp channel
In May alone, approximately 30,881 Saudis joined the private sector for the first time, up from 18,540 in April. In recent years, Saudi Arabia has launched several initiatives aimed at employing its nationals and replacing foreign workers in various fields such as education, telecommunications, and real estate.
This labour policy, known as “Saudisation,” incentivises private sector enterprises to create jobs for Saudi citizens. As part of these efforts, Saudi Arabia began localising insurance sales jobs in April, following a related decree issued four months earlier.
https://gulfnews.com/world/gulf/saudi/saudi-arabias-private-sector-workforce-surges-to-113-million-1.103028621
(reminder: today is SA de-dollar day June 09)