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Saudi jobless rate reaches 5.6%

February 25, 2014 1:43 am

According to a survey by Saudi Arabia’s Central Department of Statistics and Information (CDSI), unemployment rate in the kingdom currently stands at 5.6%, Saudi Gazette has reported. The country’s total workforce in 2013 was 11.36 million, representing 54% of the population, of whom almost 9.6 million were men. The total number of employed was 10.7 million, or 94.4% of the total labour force, while unemployed workers amounted to 632,647, of which men accounted for 42.3%, the report said.