	Each year, about a quarter-million young Saudis enter the job market. With the first phase of Saudization into effect, 70% of sales job are expected to be filled by Saudis. However, the private sector still remains hugely dominated by foreigners. The rate of local unemployment is 12.9%, its highest in more than a decade. According to a report published by Bloomberg Economics in 2018, the government needs to produce 700,000 jobs by 2020 to meet its 9% unemployment target.