Saudi Unemployment & Female Participation Growth
16 May 2023•
%2Fuploads%2Fsaudi-venture%2Finfobytes%2Fksa-employment.jpg&w=3840&q=75)
One of the Vision’s primary drivers is to address the country’s unemployment rate, which has traditionally hovered around 12%. The Vision aims to bring that down to 7% by 2030.
One of the first Vision 2030 targets which were met, was the target to achieve 30% female workforce participation (from 16% in 2015); at the end of 2021, female workforce participation reached 33.6%.
This is just one example of the fast-changing market landscape of daily life in Saudi Arabia. Ultimately though, this means that the Kingdom must create many jobs that do not exist today to cater to the young and ambitious Saudis – both men and women - that want meaningful and exciting careers.
Author
.jpg&w=3840&q=75)
We are a team of passionate Researchers, Data Junkies, and Story-Tellers that believe there is not enough quality business insights and compelling data analysis available in the marketplace, told in the formats users want. We want to give an insider's look into the industries, businesses and economies that are changing the world today, so our users can become inspired, empowered and equipped to run their businesses as best they can.
%2Fuploads%2Fsaudi-venture%2Fcover2.jpg&w=3840&q=75)
