The Minister of Labor, “Samir Said Mourad” said that the Department of Statistics issued its report on the unemployment rate in the kingdom for the second quarter of 2018, where the unemployment rate reached 18.7% during the second quarter of 2018.
He explained that the reasons for this slight rise during the second quarter is related to the so-called seasonal unemployment as a result of the changes in the labor market, during the period of field survey such as the change of economic activities and the entry of new graduates to the domestic market, both university graduates and those who have completed the secondary school.
The report pointed out that the unemployment rate for females, during the second quarter of 2018 was 26.8% i.e. a decline of 7.1% compared to the second quarter of 2017.
The unemployment rate for university graduates fell by 1.1 %. Moreover, the second quarter of 2018 witnessed a decline of 3.4% in the unemployment rate of high school graduates.
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