Saudi Arabia’s unemployment rate drops to 12.5%

Results showed a slight improvement in the jobless rate. (AFP)
Updated 07 June 2019

Saudi Arabia’s unemployment rate drops to 12.5%

  • Unemployment among Saudi men stood at 6.6 percent

RIYADH: The unemployment rate in Saudi Arabia fell to 12.5 percent in the first quarter of 2019, according to official data released on Sunday by the General Authority for Statistics (GaStat).

The labor market bulletin results showed a slight improvement in the jobless rate, which stood at 12.7 percent in the fourth quarter of 2018.

Unemployment among Saudi men stood at 6.6 percent, compared with 31.7 percent among Saudi women during the first quarter of 2019.

The unemployment rate for the total Saudi and non-Saudi population in the Kingdom stood at 5.7 percent, compared with 6 percent during the fourth quarter of 2018.

The survey’s results also showed an increase in the economic participation rate of all Saudis (15 years of age and above), which stood at 42.3 percent during the first quarter of 2019, compared with 42 percent during the previous quarter.

The bulletin’s results showed that the total number of Saudi employees in the Kingdom has slightly risen compared with the fourth quarter of 2018, reaching 3,112,029 in the first quarter of 2019.

The bulletin also indicated that the number of Saudis seeking work reached 945,323 during the first quarter of 2019, according to data from the Ministry of Municipal Service (Saed and Jaddarah programs) and HRDF’s Taqat program.


Wait is almost over for music fans eager to learn who will headline E-Prix concerts

Updated 13 November 2019

Wait is almost over for music fans eager to learn who will headline E-Prix concerts

  • Organizers promise this year’s line-up of international stars at Diriyah event will be bigger than ever

RIYADH: The first of the major international music acts that will perform at the Diriyah E-Prix this month will be announced on Wednesday.

There were incredible scenes at the event last year when David Guetta, One Republic, the Black Eyed Peas, Amr Diab, Enrique Iglesias and Jason Derulo rocked the UNESCO World Heritage site. About 40,000 fans flocked to the Diriyah Circuit, on the outskirts of Riyadh, for the after-race concerts, the first unsegregated music events in Saudi Arabia

The stage is set for even bigger and better things this year, with the promise of another two nights of unmissable music on Nov. 22 and 23 as the E-Prix racing returns.

“If you were one of the 40,000 who were lucky enough to be part of that watershed moment (last year) for the Kingdom, believe me, you have not seen anything yet,” said Prince Abdul Aziz Al-Faisal Al-Saud, chairman of the General Sports Authority.

“Last year we told people before we announced (the acts) they should get their tickets early to avoid disappointment. Once we revealed who was coming, the tickets sold out incredibly quickly. This year will be the same but even bigger, so for music fans who want to enjoy the biggest concerts in Saudi Arabia, the smart move is to get your ticket now.”

The Diriyah E Prix kicks off the sixth season of the ABB FIA Formula E Championship, the world’s premier all-electric motorsport series, with a double header of races. It also marks the start of Diriyah Season, a month of sport, entertainment, art, cultural festivities, food and retail experiences. Tickets for the Diriyah E Prix, which include entry to the after-race concerts, are available at www.diriyahseason.sa.