Saudi Arabia Sees 64,000 New Employees Join Private Sector In July 2024
Category: Saudi Arabia

Overview of Employment Growth

The private sector workforce in Saudi Arabia increased by 64,000 in July 2024, reaching a total of 11.4 million employees. This growth indicates a continuing trend of job expansion within the sector, as reported by recent official labor figures.

Details of the Workforce Composition

According to the Saudi National Labour Observatory (NLO), the private sector's total workforce includes 9.1 million expatriates, of whom 383,499 are females. In addition, the number of Saudis employed in the private sector rose to 2.342 million, including 956,639 females.

Impact and Implications

This increase in employment reflects ongoing efforts to diversify and grow the workforce in Saudi Arabia, aligning with broader economic and labor market goals. The inclusion of both expatriates and Saudi nationals highlights a balanced approach to workforce development.

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07 Aug, 2024 0 790
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