Workforce in the UAE Outperforms Advanced Economies like Japan.
The United Arab Emirates (UAE) has achieved the highest workforce participation rate.
After measuring the percentage of working-age individuals who are either employed or actively seeking employment.
Workforce in the UAE reached 82%, among the G20 countries.
This accomplishment is attributed to the UAE’s flexible policies and continuously updated laws.
Ensuring alignment with evolving labor market dynamics.
Notably, the UAE also boasts the lowest rate of vulnerable employment (at 1%) compared to other G20 nations.
Additionally, its unemployment rate stands at 2%, even outperforming advanced economies like Japan.
Dynamic and Competitive Labor Market
The UAE’s labor market has demonstrated remarkable dynamism and competitiveness over the past decades.
By proactively developing legislation, launching quality initiatives, and embracing new work patterns, the UAE has created high-quality job opportunities.
This has contributed to rapid economic growth and substantial investment prospects across industrial, commercial, and other sectors.
The UAE’s commitment to social protection is evident in its high workforce participation rates.
The country’s laws prioritize worker welfare, making it a global leader in providing social protection and professional stability.
Initiatives aimed at enhancing productive work environments, attracting talent, and safeguarding workers’ rights have solidified the UAE’s position as a preferred destination for both businesses and workers worldwide.
Main Age Groups of Workers in the UAE – 2020
Let’s take a look at the main age groups within the workforce in the UAE.
In 2020, the UAE’s work force was relatively young, with the majority falling between the ages of 25 and 39.
Global company heads have confirmed that the UAE has succeeded in establishing its leading global position as a major hub for artificial intelligence and a capital of creativity, innovation and technology, in light of its continuous efforts and clear future vision, which aims to… pic.twitter.com/D0F0y6J1pV
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Around 1.04 million workers were in the 30 to 34 years old age group.
While one million workers fell into the 25 to 29 years old category.
This youthful workforce in the UAE reflects the country dynamic approach to economic development.
It also reaffirms UAE’s commitment to creating opportunities for both local and international talent.