Over 550,000 Quit Job In 3-month Period

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According to a recent study conducted by the General Organization for Social insurance (GOSI), over 550,000 workers quit the job in a three month period. Saudi Gazette Reported

554,357 workers (Both Saudis and Expatriates) left the labor market in the 4th quarter of 2018.

As per study report, there were 9,367,593 employees in the labor market during the last three months of 2017 but their number came down to 8,813,236 in the last quarter of the current year.

Most of the laborers in the Kingdom are working in individually owned small establishments. 4.3 million people are working in small establishments. Private companies are the second largest employer. Over 3.2 million laborers are working at privately limited companies: Expatriate workers are leaving Saudi Arabia in droves.

According to Regional Wise Statistics, 3.2 million laborers are working in the Riyadh Region. Makkah Region becomes the second largest employer with 1.5 million. The Eastern Region employs 1.3 million laborers.

On the basis of GOSI subscribers, there are 1.9 million Saudi citizens and 7.4 million expatriates working in Saudi Arabia.

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