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Sunday, May 19, 2024 14:8 GMT
Saudi unemployment numbers fell in the first quarter according to data released on Wednesday. The unemployment rate of Saudis dropped to 11.7% in the first quarter of 2021, compared to 12.6% in the fourth quarter of 2020, according to estimates from the General Authority for Statistics. That takes the unemployment rate for Saudis slightly below its pre-pandemic level. The results of the survey reveal a decrease in the labor force participation rate of men to 79.7% from 80.6% in the previous quarter. However female labor market participation rose to 33.6% from 32.1% in the previous quarter.