Media ININ Economy We Trust
Media IN Dubai, 19th May, 2019 WAM
Dubai’s unemployment rate reached 0.5 per cent last year, while the refined economic participation rate as a percentage of total working-age population reached 83.2 percent, according to the Labour Force Survey 2018 published by Dubai Statistics Center.
The Executive Director of Dubai Statistics Center, said: “The results of the Labour Force Survey 2018 illustrate the flexibility and strength of Dubai’s economy as it continues to record the lowest rates of unemployment in the world and one of the highest rates in economic participation.”
The survey results show that half of the Emiratis of working-age are involved actively in economic activities. Emirati males had a higher economic participation rate of 62.6 per cent while the corresponding figure for Emirati females was 36.5 per cent. The rates, which are calculated based on the revised/ net participation rate in labour force divided by the total working-age population, provide a clear picture of the increasing economic participation of Emirati males and females.
The unemployment rate among non-Emiratis residing in Dubai, the rate remained below 0.5 percent between 2016 and 2018 with male non-Emiratis having an unemployment rate of 0.2 percent and females 1.0 percent. This low rates is attributed to the constructive policies, which grant residency visas to employees, investors, students and persons of equivalent status with the condition that persons of working-age will not be allowed to stay in the UAE without a job.
The refined rates of economic participation of working-age non-Emiratis residing in Dubai rose to 85.5 per cent in 2018 (96.9 percent males compared to 55.9 percent females). Results showed the stability of the refined rates of economic participation of non-Emirati males and females over the past three years (2016-2018).
According to the survey, 2,242,363 people were employed in the emirate last year out of which 81.3 per cent were males while 18.7 per cent were females.
The number of Emiratis employed and residing in Dubai went up by the end of 2018 to 82,630 compared to 75,856 by the end of 2016, which marks an increase of 6,774 employed Emiratis over the past three years, and an increase of employed Emiratis by 8.9 percent in 2018 compared to 2016.
The Executive Director further indicated that the total unemployed persons residing in Dubai was 10,468 in 2018. Figures show that the number of the unemployed increased by 2,893 from 2016 to 2018.
