The growth growth in employment is 17%
The fund pointed out that a number of shares in support of their employment during the past year amounted to 437 thousand citizens and citizens through its programs and initiatives supporting the enabled Saudis in private sector facilities.
Human resource development
While the number of beneficiaries of the services and guidance provided by the fund during the same period reached two million beneficiaries and a growth rate of 5% compared to 2023 AD.
The number of facilities benefiting from the services of the Fund during the same year exceeded 179 thousand establishments in various sectors of the labor market and from different regions of the Kingdom with a growth rate of 49% compared to 2023 AD, of which 95% are medium, small and micro facilities, while the total amounts spent on training, empowerment and guidance support programs during the past year reached 7.5 billion riyals.
Labor market
The fund stressed that it works according to an effective partnership with various governmental and private sectors to support and empower the sons and daughters of the country to obtain job opportunities in the labor market.
He pointed out that the growing numbers of beneficiaries who have been employed through the services and programs of supporting training, empowerment and guidance from individuals and private sector facilities comes within the fund’s efforts in meeting the changes and requirements of the labor market and improving its efficiency, keeping pace with developments and taking into account the priority needs and economic sectors, and the development of training support, empowerment and professional guidance programs directed to national cadres, in line with the achievement of the Kingdom’s vision targets 2030 and labor market strategy.
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