153,000 Saudis secure private sector jobs in early 2024
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The Director General of the Human Resources Development Fund, Turki bin Abdullah Al-Jawini, announced that the fund assisted more than 153,000 Saudi men and women in securing employment in the private sector during the first half of 2024.
During this period, the fund disbursed SR3.79 billion ($1 billion) to private sector establishments to support training, employment and empowerment programs, as reported by the Saudi Press Agency.
Al-Jawini stated that 1.4 million Saudis and approximately 100,000 establishments in vital sectors benefited from these programs. He emphasized the fund's commitment to aligning with the Kingdom’s development goals, addressing the business sector's needs and meeting the demand for a skilled national workforce.
The fund aims to develop the skills of Saudis, increase their participation in the labour market, and encourage the private sector to contribute to workforce localization. It is also focused on strengthening partnerships with entities involved in training, employing and empowering the national workforce to enhance their competitiveness and continuity in the labor market.
Al-Jawini highlighted that the fund’s programs and services have increased benefits for individuals and establishments, stressing the fund’s efforts to adapt to labour market changes and requirements. The fund is working on developing training, empowerment, and guidance programs targeting national personnel, contributing to the objectives of Saudi Vision 2030 for human capacity development and labour market strategy.