Economic updates
Our in-depth, independent reports cover the macroeconomic environment, the Saudi government’s annual budget, and Saudi Arabia’s monetary and financial developments, labor market, and inflation.
Saudi Labor Market Update - Q2 2017
Labor Market reportIn this report, we analyze the latest trends in the labor market in Saudi Arabia during Q2 2017. According to GaStat, Saudi unemployment rose slightly from 12.7 percent in Q1 2017 to 12.8 percent in Q2 2017. In addition, between Q1 and Q2 2017, the Saudization ratio in the local economy increased from 42.5 percent to 43.1 percent, although this was mainly due to more non-Saudis leaving the local labor market rather than higher employment of Saudis.
