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FINANCIAL NEWS
Two million jobs for Saudis in four years
20 Aug 2013
(MENAFN) Two million jobs were provided by the Saudi economy in the period 2009-2012. Out of the total number of jobs, only 25 percent went to Saudi nationals, Arab News reported.
The growing gross domestic product in the Kingdom failed to take the increasing number of Saudis entering the labor market. Unemployment rate was at 12 percent in 2012 up from 10.5 percent in 2009.
Among Saudi women, unemployment rate reached 35 percent. The labor market growth in the Kingdom is at an average of 3.5 percent annually.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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