Saudization in private sector reaches 23.59% in Q3 2021: National Observatory of Labor

04/11/2021 Argaam

Logo of National Observatory of Labor

The rate of localization in Saudi Arabia’s private sector rose by 0.96% quarter-on-quarter (QoQ) to 23.59% in the third quarter of 2021, data from the Human Resources Development Fund’s (Hadaf) National Observatory of Labor showed.

 

The number of Saudi workers (male and female) increased by about 60,000 during the same period.

 

Meanwhile, the number of Saudi private sector subscribers in social insurance, based on data of the General Organization for Social Insurance (GOSI), grew by 3.41% to 1.83 million in Q3 2021, comprising 65.06% males and 34.94% females.

 

The increase in localization rates during the period is attributed to Hadaf’s efforts to develop and improve support and empowerment programs and initiatives directed at national forces.

 

Hadaf supported the employment of more than 200,000 young men and women to work in private sector during the first nine months of 2021.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read