Saudi Arabian Job Market in the 2020 have seen a dip of jobs for Expats and increase of Saudization. More than 250,000 expats left the kingdom of Saudi Arabia in the third quarter of 2020.
Earlier the total no of Expats employed in Saudi Arabia was 10.4 Million, which got dropped to 10.2 Million.
More Than 250,000 Expats Leave Saudi Job Market in 3 months
Due to Saudization in every sector the no of expats are loosing their Jobs day-by-day. Saudi Nationals has got more job and about 80,000 workers employed in the third quarter of 2020. which has brought total Saudi National employees to 3.2 Million.
Earlier total Saudi Employees were 3.1 Million, which has now increased to 3.2 Million.
Expats are leaving kingdom due to unavailability of Jobs due to which overall employees in Saudi Arabia dropped from 13.6 Million to 13.4 Million
second quarter of 2020 went in lockdown and travel ban, but in third quarter of 2020 we have seen many expats leaving Saudi Arabia with Final Exits
Though the Work Visas have increased from second quarter to third quater of 2020, we have seen a steep decline of Expats leaving Saudi due to employment issues and Corona fear.
Hoping the best for all Expats in 2021