VOL. XLVII

No 19

10-May-2004

SAUDI ARABIA

BUDGETS AND REVENUES

Saudi Official Unemployment Rate Stands At 9.6%, Says al-Qusaibi

The official unemployment rate in Saudi Arabia stands at 9.6%, the Saudi Minister of Labor Ghazi al-Qusaibi announced on 5 May. The latest figures issued by the authority state that the jobless rate is around 9.6% of the total labor force in the kingdom whose ages are 15 and more and this equals 300,000 jobless people, said Dr Qusaibi. The minister asserted that the figure...