• Home
  • Business
  • Economy
  • Finance
  • Investment
    • PIF
  • Technology
  • Real Estate
  • Events
  • Vision 2030
  • Projects
    • NEOM
    • Qiddiya
    • The Line
Saudi Business News
Thursday, May 15
19:18
41 °c
Riyadh
No Result
View All Result
Saudi Business News
  • Home
  • Business
  • Economy
  • Finance
  • Investment
    • PIF
  • Technology
  • Real Estate
  • Events
  • Vision 2030
  • Projects
    • NEOM
    • Qiddiya
    • The Line
No Result
View All Result
Saudi Business News
No Result
View All Result

HomeEconomyExpanding Workforce: Saudi Private Sector Job Trends

Expanding Workforce: Saudi Private Sector Job Trends

The National Labor Observatory Reports Growth in Employment

June 6, 2024
in Economy
Reading Time: 1 min read
152
SHARES
1.9k
VIEWS
Share on FacebookShare on XShare on LinkedInShare on Telegram

The National Labor Observatory (NLO) recently unveiled a comprehensive analysis of the Saudi Arabian labor market, specifically focusing on the private sector’s workforce dynamics for the month of May 2024. The document provides a snapshot of the number of employees, with distinctions between Saudi and non-Saudi workers, segmented by gender, as well as insights into the net increase in Saudi employment and the influx of new workers into the private sector during the month.

In May, the total count of employees in the private sector climbed to over 11.37 million, signaling a robust pattern of job creation. The breakdown of these figures shows that 2,358,227 Saudi nationals were employed, consisting of 1,386,904 men and 971,323 women. Meanwhile, the non-Saudi segment of the workforce comprised 9,012,569 individuals, with 8,641,249 men and 371,320 women.

RelatedPosts

Saudi Arabia’s Hydrogen Economy: Leading the Clean Energy Shift

Saudi Arabia’s Fiscal Stability Amid Low Oil Prices

Saudi Economic Growth Slows Amid Oil Price Drop

Highlighting the positive trend, the report pinpointed the addition of 30,881 Saudi citizens to the private sector workforce. This net growth is a testament to the continued development and appeal of the private sector as a key employer within the nation.

The NLO, since its inception through a Royal Decree in 2010, has been a central source for reliable data on the labor market. It systematically produces reports and publishes findings that delve into the labor market’s various indicators and statistics. Among these publications is the ‘Overview of the Saudi Labor Market in the Private Sector,’ which offers a detailed review of the previous month’s key data and trends.

Tags: job growthNational Labor ObservatoryPrivate Sector EmploymentSaudi Labor MarketWorkforce Statistics
Share61Tweet38Share11Share

© 2025 Copyright, Saudi Business News

No Result
View All Result
  • Home
  • Business
  • Economy
  • Finance
  • Investment
    • PIF
  • Technology
  • Real Estate
  • Events
  • Vision 2030
  • Projects
    • NEOM
    • Qiddiya
    • The Line

© 2025 Copyright, Saudi Business News

Go to mobile version