{"id":93058,"date":"2025-01-05T00:00:00","date_gmt":"2025-01-05T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2025\/01\/05\/overall-unemployment-declined-to-3-7-in-3q\/"},"modified":"2025-01-05T00:00:00","modified_gmt":"2025-01-05T00:00:00","slug":"overall-unemployment-declined-to-3-7-in-3q","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2025\/01\/05\/overall-unemployment-declined-to-3-7-in-3q\/","title":{"rendered":"Overall unemployment declined to 3.7% in 3Q"},"content":{"rendered":"

The overall unemployment rate for locals and expats declined 0.5 <\/strong>percentage points y-o-y to 3.7% in 3Q 2024,<\/strong> according to a Gastat\u2019s latest labor market report (pdf)<\/a>. Local unemployment fell 1 percentage point y-o-y to 7.8%, while expat unemployment was down 0.1 percentage points, settling at 1.4%.<\/p>\n

(** Tap or click the headline above to read this story with all of the links<\/strong> to our background and outside sources.)<\/p>\n

MEANWHILE- <\/strong>The employment-to-poulation ratio of Saudi citizens rose to 47.4% in 3Q 2024, up from 46.3% in the same quarter of the previous year.<\/p>\n

Fewer <\/strong>women are un<\/font>employed:<\/strong> The unemployment rate for women citizens fell 3 percentage points y-o-y to 13.6% during the quarter, while unemployment for men remained unchanged from last year at 4.7%. <\/p>\n

How are people looking for jobs? <\/strong>The most common job search strategy, used by 87.7% of job seekers, is reaching out to friends or family for leads. This is followed by submitting direct applications to employers (75.0%) and utilizing the national employment platform, Jadarat (71.2%).<\/p>\n

More insights: <\/strong>Some 60.9% of unemployed Saudi women and 44% of unemployed Saudi men are willing to commute for at least one hour to work. The majority of unemployed Saudi women (77.5%) and unemployed Saudi men (91.1%) are willing to work eight hours or more per day. Also, some 95.6% of unemployed Saudis are open to accepting job offers in the private sector.<\/p>\n","protected":false},"excerpt":{"rendered":"

The employment-to-poulation ratio of Saudi citizens rose to 47.4% in 3Q<\/p>\n","protected":false},"author":1,"featured_media":93059,"comment_status":"","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2571],"tags":[27,1433,2834],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-93058","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-economy","tag-general-authority-for-statistics-gastat","tag-labor","wpautop","entry"],"acf":{"mongo_id":"c7aa9e48-ca32-4bf9-8e84-f18fbacc0c4e","order":"5","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/12\/2388.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Overall unemployment declined to 3.7% y-o-y in 3Q + Local unemployment fell to 7.8%","related_issue":[93050],"teaser":"The employment-to-poulation ratio of Saudi citizens rose to 47.4% in 3Q","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/3\/.9dfbfb7e-cb73-4356-975f-9e1ab69ba8ed.mp3"},"yoast_head":"\nOverall unemployment declined to 3.7% in 3Q - 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