Vision 2030 update: Saudi Arabia cuts unemployment target to 5% amid record job market gains
Friday, 8 August 2025 () Saudi Arabia has revised its unemployment target to 5% following significant labor market improvements, including a drop in national unemployment to 7% and a record-low overall rate of 2.8%. Female workforce participation has doubled to 36%, driven by reforms and increased private sector employment. The shift reflects a focus on sustainable, high-quality job creation aligned with Vision 2030.
President Trump has fired Bureau of Labor Statistics Director Erika McEntarfer following a disappointing July jobs report that added only 73,000 jobs and included major downward revisions to May and..
Rising tensions in the Gulf have prompted Saudi Arabia to urgently deploy its US-made THAAD (Terminal High Altitude Area Defense) air defense system amid fresh Iranian threats of missile attacks...
Friday, 8 August 2025 ()
![US BREAKING: Trump FIRES Top Labor Official After Jobs Report Shows Tariffs RAISED Unemployment [Video]](https://video.newsserve.net/300/v/20250802/1418414790-US-BREAKING-Trump-FIRES-Top-Labor-Official-After.jpg)
![Iran Attack On Saudi Arabia Breaking: Saudis Deploy THAAD Amid World War 3 Fear | US News [Video]](https://video.newsserve.net/300/v/20250704/1415530316-Iran-Attack-On-Saudi-Arabia-Breaking-Saudis-Deploy.jpg)
