In Saudi Arabia, the Ministry of Human Resources and Social Development reported that during the year 2024, the number of employees of Saudi nationals working in private companies increased by 45 percent.
According to the Saudi media, the statement issued by the ministry said that efforts to empower women have had a significant impact on increasing economic participation.
The Ministry’s report added that the labor market increased to 35.8 percent last year due to the increase in growth rate, in which the proportion of women increased to 43 percent.
According to the Ministry’s report, the private sector contributed 50.5 percent to the employment of citizens, while Saudi Arabia saw a significant decrease in the unemployment rate.
The statement said that the salaries of the employees in the private sector increased by 45% last year, which has increased the standard of living.
Saudi Arabia’s Ministry of Human Resources and Social Development added that all this was made possible by Crown Prince Mohammed bin Salman’s Vision 2030, which has brought about revolutionary changes in the kingdom.
