The National Labor Observatory (NLO) has recently published a thorough report on the private sector labor market for June 2024, revealing a substantial increase in the total number of employees to 11,409,348. This significant uptick is indicative of the private sector’s allure and its ongoing capability to create new employment opportunities.
Breakdown of Private Sector Employees:
Total Saudi Citizens: 2,340,877
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Male: 1,383,079
Female: 957,798
Total Foreign Residents: 9,068,471
Male: 8,692,051
Female: 376,420
Citizen Job Growth:
The month of June saw the addition of 16,598 Saudi citizens entering the private sector for the first time, underscoring the sector’s continual role in generating fresh job opportunities for nationals.
The NLO reaffirmed its commitment to regularly issuing reports and bulletins to analyze labor market indicators and statistics. Among these is the monthly publication ‘Overview of the Private Sector Labor Market,’ which highlights key figures and statistics from the preceding month.
