Greater than Half million expatriates left Saudi Labor Market in a Yr

Greater than Half million expatriates left Saudi Labor Market in a Yr

Greater than a half million (571,333) expatriates left Saudi Arabia’s job market from personal and public sector throughout a interval of 1 12 months till the second quarter of 2021, this represents a lower of 8.52%, as per the report launched by the Normal Authority for Statistics and GOSI (Normal Group for Social Insurance coverage). Like Saudi Expatriates on Facebook

The overall variety of expats within the native market by the top of June this 12 months fell to six,135,126, examine to final 12 months’s June 2020, which was 6,706,459.

– By the top of the 2nd quarter of this 12 months, the full variety of GOSI subscribers reached 8,199,723 towards 8,674,105 subscribers on the finish of the 2nd quarter of 2020.

– The report additionally acknowledged that there was a rise within the variety of Saudi subscribers to GOSI. A complete of 123,951 Saudi residents entered the employment market in the course of the 2nd quarter of this 12 months and this represents an annual improve of 6.4%.

– Throughout this 12 months, the variety of expat subscribers of GOSI fell by 3.12% reaching 197,745, within the 2nd quarter in comparison with the primary quarter of the 12 months. The variety of Saudi subscribers additionally witnessed a drop of two.94%, which is 62,583 throughout the identical interval.