Saudi Arabia is in the midst of experiencing a massive influx of women in the job market. With an increase in female participation, the traditionally restrictive economy is now witnessing rapid growth and reaping the benefits of economic progress.
The sudden jump in working women in Saudi Arabia has come at an opportune time. Vision 2030, which aims to make Saudi less dependent on oil and transform the nation into an industrial powerhouse, needs all the working hands that it can get.
Saudi Arabia is well on its way to becoming a dominant global economic powerhouse.
Why is There a Sudden Increase in the Female Workforce?
The sudden increase in these numbers is largely due to sweeping reforms that leverage untapped talent. Many of these reforms have been specifically created to boost household incomes by offering women the opportunity to contribute to the economy.
Gender inclusion is a major aspect of the government’s recent initiatives and policy changes. In recent years, the nation experienced an increase in its women workforce from 20% in late 2018 to 33% by the end of 2020.
Bayt.com also forecasts that with Vision 2030 flourishing in full swing, the number will increase even more.
More Saudi Arabian women are joining the workforce than ever before. A quick glance through Bayt.com shows many CVs for women in KSA – more than three hundred and fifty thousand.
Here is a quick reference detailing the industry-wise segregation of Saudi women registered on Bayt.com:
Chart 1: Industry-wise segregation of Saudi women registered on Bayt.com