Recently, General Authority for Statistics (GASTAT) has come up with an official data that reports the rise of female labour force participation of Saudi Arabia, reaching a new high of 36.2% in 2024’s 3rd quarter, marking it as a continuing advancement in the Kingdom’s efforts for boosting the economic involvement of women.
The employment-to-population ratio has also increased by 0.5% points to 31.3%, amongst Saudi females, as reported by GASTAT. However, young Saudi females aging from 15-24 witness their workforce participation rose by 1% points to 18%.
Additionally, the overall unemployment rate bordered up to 7.8%, particularly in the 3rd quarters i.e., a rise of 0.7% points as compared to previous quarter, still showing 1% point of annual improvement in comparison to the same period in 2023.
In addition, the total labour force participation rate for Saudi nationals have risen to 51.5% i.e., up 0.7% points both quarterly and annually while having the employment-to-population ratio reaching up to 47.4%.
In contrast, the participation of Saudi males in the workforce has also witnessed an increase with the increasing rate of 0.6% points to 66.9%, having the core-working-age group from 25 to 54 years with participation rising rate of 69.4%.
