JobXDubai

Saudi Arabia’s unemployment rate has dropped to 8.6% as more women join the workforce in the Kingdom. The Ministry of Human Resources and Social Development (MHRSD) has made significant strides in achieving its goals, which align with the Kingdom’s Vision 2030.

The MHRSD has implemented various initiatives to protect workers’ rights, ensure safe and healthy workplaces, nurture national talent, and achieve a sustainable balance in the labour market. In 2023, over 1,000 government employees received training at international agencies, improving their work effectiveness.

The National Training Campaign (Waad) incentivized the private sector to train workers, benefiting over 16,000 trainees in various sectors. The skills accelerator program focused on boosting the efficiency of Saudi employees in the private sector, targeting industries with the greatest impact on the national economy.

More than 10,000 individuals benefited from programs fostering self-employment and specialized skills development. Moreover, over 500 people with disabilities were integrated into the workforce in 2023, encouraging them to participate in and contribute to the economy.

The launch of a comprehensive program for reporting work-related accidents underlines the ministry’s commitment to workers’ well-being. The “On Time” campaign promoted timely wage payment, with over 700,000 establishments complying with the wage protection system for more than nine million private sector employees.

The ministry’s efforts have yielded significant results. The unemployment rate dropped from 12.8% in 2017 to 8.6% in the third quarter of 2023. Working conditions for expatriate workers saw a 73% improvement in 2023 compared to 2020.

The percentage of establishments implementing safety and health measures soared from 15% in 2019 to 71.27% in 2023. Compliance with the wage protection system rose significantly, from 50% in 2017 to 86.9% in the third quarter of 2023.

The percentage of employed individuals with disabilities increased from 7.7% in 2016 to 12.6% in the first half of 2024. MHRSD actively supports working women through dedicated programs, including the Wusool transportation program and the Qurrah program, which has enabled 26,363 women to access childcare services through accredited centers.

More than 25,000 women trainees participated in programs designed to equip them with the skills needed to thrive in the job market. These initiatives have demonstrably increased women’s participation in the Saudi labour market. By the third quarter of 2023, the share of women in the labour market has risen to 34.2%, compared to just 21.2% in 2017.

The number of women in senior and middle management positions has also seen a significant rise, jumping from 28.6% in 2017 to 43.7% by the third quarter of 2023. MHRSD’s commitment to a more efficient and inclusive labour market is fostering positive change in Saudi Arabia.