In Q1, Saudi unemployment falls to 10.1%, lowest in 7 years

The unemployment rate declines faster among Saudi women, dropping by 3.2% percent point from 20.2% percentage. Over the same period, the indicator slipped just 0.1% to 5.1 % percent.
More surprising, for the non-Saudis, the rate of unemployment fell 0.7% percentage points to 2.2% percent in the first quarter of 2022.
It dropped 0.4 percentage points to 1.6 percent among non-Saudi men, and by 2.6 percentage points to 6.4 percent among non-Saudi women.
The Kingdom's total rate of unemployment — including Saudis and non-Saudis — eased by 0.9 percentage points to 6.0 percent in the first quarter of 2022.
At the same time, the labor force participation rate figures came in lower for Saudis and non-Saudis, slipping 1.3 percentage points and 0.6 percentage points to 50.1 percent and 74.8 percent for the respective nationality groups.
Saudi doing what Saudi does.Alex Jhon Martin
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