Saudi Arabia sees fastest job growth in 14 years as wage costs...

added a post in International

2025-07-03 07:26:22 -

Saudi Arabia sees fastest job growth in 14 years as wage costs surge, PMI shows

Saudi Arabia's private sector is experiencing a hiring surge, reaching levels unseen since May 2011, fueled by rising demand and new projects. This expansion in non-oil sectors has led to increased wage and input costs, impacting overall pricing. Despite these cost pressures, business confidence remains high, driven by strong order pipelines and continued project announcements.

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