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The Minister of Labor and Social Development, Ahmed bin Sulaiman Al-Rajhi, revealed that the private sector currently absorbs 1.8 million Saudi employees, some of whom are in management positions.
He added that 18,000 Saudis have joined the labor market in the private sector since January 2019. He pointed to the growth of employment in the private sector this year by 150% compared to 2017.
Al-Rajhi pointed out that the ministry would not be able to achieve the goals of the vision without cooperation with the private sector and that many of the obstacles that limit private sector participation in jobs have been removed.
He said the ministry will launch a "strong" platform to digitize ministry-private sector relationships to improve and improve labor-related services. unifying and providing products and initiatives related to labor market development.
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