Economic updates
Our in-depth, independent reports cover the macroeconomic environment, the Saudi government’s annual budget, and Saudi Arabia’s monetary and financial developments, labor market, and inflation.
Saudi Labor Market Update – Q2 2020
Labor Market reportThe General Authority for Statistics (GaStat) latest labor market release shows that unemployment jumped to 15.4 percent in Q2 2020, up from 11.8 percent in Q1 2020, reflecting the economic damage related to the impact of the COVID-19 lockdowns on the local economy during the quarter.