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Saudization Rate in the Private Sector Accelerates

The Saudis being hired rose to 22.75 per cent compared to 20.37 which means the overall proportion and 121,000 employs.

In the private sector, a report by Human Fund in the first quarter of 2021 and the overall proportion.  There are some Saudis working in the retail sector,construct and auto reached 42.42 per cent,there are some financed.

The economic pressing need to find work for a new genere of job seekers and the gulf economies are ramping up efforts as a part of broader shift and to hire more. By the end of first quarter of this year,the average wage of private sector in the Saudi reached SR5,957($1588). It amounted SR6,767 for Saudi men and SR4,591 for Saudi women.

The number of Saudi subscribers to social insurance increased by 5.45 percent in the first quarter of this year compared to the previous quarter.

Non-Saudi subscribers to social insurance fell by 0.4 percent.

The Kingdom increased by 2.9 percent in the first quarter of 2021,  reaching 184,648 establishments ,quarter-on-quarter.

Read more articles like this at armarketnews

 

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