Unemployment among Saudis drop to historical low of 7.1% until Q2 2024

Unemployment among Saudis dropped to a historical low of 7.1% until Q2 2024, nearing the Saudi Vision 2030 target of 7%, Crown Prince Mohammed bin Salman said.

Moreover, Saudi women participation rate in the labor market rose to 35.4% by the end of the second quarter, surpassing the Vision target of 30%.