UAE: Unemployment Rate at 2.2 Percent, Among Lowest Globally

Published September 29th, 2020 - 06:30 GMT
UAE: Unemployment Rate at 2.2 Percent, Among Lowest Globally
The number of workforce was 7.388 million in the reference year, a growth of 2.2 per cent from 7.225 million in 2018, according to the study, which estimated the unemployment rate at 2.2 per cent, which is among the lowest on record worldwide. (Shutterstock)
Highlights
The FCSA said this indicates that the majority of the total population are engaged in economically productive activities.

The number of employed people in the UAE accounted for 97.8 percent of the country's working-age population by the end of 2019, figures by The Federal Competitiveness and Statistics Authority (FCSA) have shown. The FCSA said this indicates that the majority of the total population are engaged in economically productive activities.

The number of workforce was 7.388 million in the reference year, a growth of 2.2 per cent from 7.225 million in 2018, according to the study, which estimated the unemployment rate at 2.2 per cent, which is among the lowest on record worldwide.

The working-age population accounts for 82 per cent of the country's total population, with women accounting for 58 per cent of the workforce in 2019, up from 52.7 per cent in 2018, said the study.

For women, the unemployment rate declined from 5.9 per cent in 2018 to 5.1 per cent in 2019, while employment rose from 94.1 pct to 94.9 during the reference period.


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