Riyadh – Mubasher: The localisation rate in Saudi Arabia's private sector entities rose to 21.81% in the fourth quarter (Q4) of 2020, compared with 20.90% in the same quarter in 2019, Saudi Press Agency (SPA) reported on Monday citing data from the National Labor Observatory (NLO).
The number of privately-employed Saudis subscribing in social insurance amounted to 1.749 million persons in Q4-20, 65.6% of which are males and 34.4% are females, according to the NLO.
The Eastern Province topped the list of the regions with the highest job localisation at 25.3%, followed by Riyadh, Makkah, and Madinah with 22.5%, 21.4%, and 19.2%, respectively.
The NLO is affiliated to the Human Resources Development Fund (Hadaf).
