An official in the ministry of labor and
social development expects that the programs, applied by ministry of labor,
ministry of economy and planning, job creation commission, as well as some
great companies- such as "Aramco"- will lead to an upswing in the
Saudi economy along with a notable decrease in unemployment rate in 2018.
Ministry of labor's human resources department
director, "Nawaf Al-Dabeb" sees, according to Mecca, that the
recession witnessed by the Saudi economy was normal and necessary because the
Saudi labor market suffered from distortion as a result of using foreign labors
and the outbreak of commercial concealment phenomenon, referring that the
current corrective era, despite of being difficult, is imperative.
In his turn, head of the committee of labor market in
the council of Saudi chambers Mansour al-shethry referred to that the increase
in the number of the unemployed is due to the recession that the kingdom
witness, specially in retail and contracting sections, and that this recession
in the retail section is a result of the extensive expansion of electronic
trading and opening new stores.
It is noteworthy that a report for general authority
for statistics referred to that the number of the unemployed has increased in
the second quarter of the year by 26.6 thousand unemployed, to reach the number
of 802.6 thousand unemployed.