UAE witnesses increase in employment rate

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UAE witnesses increase in employment rate

UAE witnesses increase in employment rate

(Abu Dhabi) – The Ministry of Labour has announced that the labour market in the UAE has witnessed an increase in the employment rate during 2014 by about 10 percent compared to 2013, and the total number of labourers reached 4,417,000, a rate not seen in the market in 44 years.
Humaid Rashid bin Deemas Al Suwaidi , Assistant Under-Secretary of Labour Affairs, said, “The ministry has issued approximately 1,212,000 work permits over last year, which also witnessed the termination of work relations for about 821,000 labourers.”
He also pointed out that the overall status of the labour market and its indicators during 2014 confirm the strength and growth of the national economy across its different sectors, especially if employment rates are considered to be a reflection of the requirements of development and the needs of economic sectors for employment, which during the same year witnessed significant mobility among private sector enterprises, especially highly skilled ones.
Al Suwaidi also referred to the fact that the construction sector tops the list of the three major employers, where the number of labours reached about 1,500,000, taking up about 34 percent of total employment.
(Courtesy WAM)