Saudi citizens seeking jobs received an average of $400 (SAR1,500) in March from kingdom’s Human Resources Development Fund (HRDF).
Saudi Press Agency reported that it lodged $111.8 million (SAR430m) in the bank accounts of 284,000 people, as part of its national job-hunting initiative TAQAT.
“The number of beneficiaries reached 147,000 young men and 137,000 young women,” the HRDF said. “Of these 13,910 were able to find job opportunities in March through TAQAT, including 7,619 young women and 6,291 young men.”
Arab News said the HRDF is operated by the Ministry of Labour and Social Development in conjunction with Saudi Arabia’s private sector.
The programme offer training and workshops to develop the skills of Saudi citizens looking for jobs. It also provides assistance for applicants with CVs.
Government data revealed that Saudi Arabia’s unemployment figures reached 970,229 during in Q4 last year.