ZCZC
BCN-42
DUBAI-UNEMPLOYMENT
Dubai unemployment rate hits 0.5 pct in 2017: report
DUBAI, May 31, 2018 (BSS/Xinhua) – The Dubai Statistics Center on
Wednesday released results of labor force survey, saying Dubai had an
unemployment rate of 0.5 percent last year, lower than the global average,
United Arab Emirates (UAE) state news agency WAM reported.
“The results of the Labor Force Survey 2017 reflect the flexibility and
strength of Dubai’s economy, which has a high employment rate in various
sectors,” said the report quoting Arif Al Muhairi, executive director of the
center.
In Dubai, total employment reached 2,778,000 in 2017, of which non-
resident workforce (workforce residing outside Dubai) totaled over 700,000,
said the survey.
Over the last three years, Dubai’s labor market has added an average of
110,000 people annually to its resident workforce.
Only two percent of Dubai’s GDP are based on oil, according to the UAE
ministry of economy, as 90 percent of Emirati oil is located in the UAE
capital Abu Dhabi. Dubai’s main economic pillars are trade, logistics,
tourism, civil aviation, construction and real estate.
BSS/XINHUA/HR/1432