In a bid to reduce unemployment in the Kingdom, the Saudi Human Resources Development Fund, Hadaf, deposited more than $100 million in people’s bank accounts for May.
Beneficiaries under the Hafiz unemployment and job seeking programs amount to over 253,000 people.
According to Arab News, Hadaf said that the number of people registered with the Hafiz unemployment program had reached 139,980, while the figure for the difficulty finding employment scheme stood at 113,821.
This is yet another initiative to decrease unemployment rates in the Kingdom, support Saudis' financial struggles, and help them restart their careers.
Misk Foundation has also been doing a stellar job at offering educational programs aimed to build professional skillsets and connect young Saudis with potential job opportunities. You can learn more about it here.