14 Jumada I 1446 - 15 November 2024
    
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Eye of Riyadh
Business & Money | Tuesday 3 October, 2023 12:41 pm |
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2.2 mln Saudis employed in private sector in Q2 2023: NLO

The National Labor Observatory (NLO) said the total number of nationals employed in the private sector reached 2.23 million in Q2 2023, the highest level of participation by nationals over the last quarters.

 

The total number of Saudi employees grew by nearly 210,000 year-on-year (YoY) in Q2 2023, with average growth of 42,000 employees quarterly starting from Q2 2023.

 

The total number of Saudi employees recorded the highest rise among both genders. Male employees reached 1.3 million, compared to 900,000 female employees in the second quarter of 2023.

 

The number of Saudi male employees grew by 3% YoY, compared to an increase of 14.4% YoY for female employees. Males and females accounted for 13.3% and 9% of total employees in the three-month period.

 

Number of Saudi employees in Private Sector in Q2 2023

 

Males

Females

Number (mln)

1.3

0.9

Nationals Growth Rate

3.0%

14.4%

% of Total Employees

13.3%

9.0%

 

The Eastern Region and Makkah came on top by number of Saudization rates in Q2 2023, as shown in the following table:

 

Saudization Rates by Region

 
Region

Saudization Rate

Eastern region

27 %

Makkah

24 %

Riyadh

21 %

Madinah

21 %

The information and communications technology (ICT) activity led in terms of Saudization rates with 60%, followed by education (53%).

 

Saudization Rate by Economic Activity

Activity

Saudization Rate

 

 

Notes

ICT

60 %

 

 

Highest Participation of Saudi males

Education

53 %

 

 

Highest Participation of Saudi females

Arts & Entertainment

37%

 

 

Nationals exceed one third of total employees

Health

35 %

 

 

Water, Electricity and Industrial Activity

32 %

 

 

Construction

14 %

 

 

Lowest rates

Agriculture

4 %

 

 


Source : Argaam 

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