The platform integrates data from existing employment programs, including the Taqat and Jadarah systems, providing a centralized location for job seekers to access a wide range of opportunities. With more than 70,000 job vacancies available at launch, Jadarat aims to empower national cadres by enhancing their participation in the labor market. This development aligns with Saudi Arabia's Vision 2030 goals, which focus on diversifying the economy and reducing reliance on foreign labor.
In his address at the launch ceremony, Al-Rajhi highlighted the growing presence of Saudis in the private sector, with over two million nationals currently employed. The platform's introduction comes at a crucial time, as the Kingdom reported an unemployment rate of 7.6% among Saudi nationals in the first quarter of 2024, showing a gradual decrease from previous periods.
The Jadarat platform is expected to play a significant role in further lowering unemployment rates, especially by targeting sectors that have shown significant growth. The platform also represents a key step in the Kingdom's efforts to modernize its labor market and increase transparency and efficiency in job placement.
The Human Resources Development Fund (HRDF) has played a pivotal role in the platform's development, investing substantial resources to ensure its success. In the first half of 2024 alone, the HRDF allocated over SR3.79 billion ($1.01 billion) to support employment and training programs, demonstrating the government's commitment to workforce development.
As Saudi Arabia continues to push forward with its economic reforms, Jadarat is expected to be a cornerstone in the Kingdom's strategy to build a robust, sustainable job market that caters to the evolving needs of both employers and job seekers. This platform not only marks a significant milestone in the Kingdom's digital transformation but also underscores the government's dedication to fostering a more inclusive and competitive labor market.