Saudi Unemployment Rate Falls 3.3% in Q2 oF 2024

Saudi Arabias overall unemployment rate fell 3.3% in the second quarter of 2024, a 0.2-percentage point drop compared to the previous quarter. According to data from the Saudi General Authority for Statistics, the unemployment rate also declined by 0.8 percentage points compared to the same period last year. The jobless rate among Saudi nationals fell 7.1%, a quarterly drop of 0.5 percentage points and an annual decline of 1.4 percentage points. Source: Qatar News Agency