UAE to Come Up With More New Jobs
The UAE has continued to show remarkable improvements in the job sector since the past year. The employment proportion in UAE stands at 5.025 million with Dubai standing as the best spot for new employment opportunities. In fact Dubai is emerging as the star spot in the overall employment market.
Dubai was the main source of providing skilled and efficient labour force in the year 2017 and also the first three quarters of 2018. This according increased the growth rate too. The United Arabs Emirates had generated about 45, 900 new jobs in the first quarter of 2018 with a growth rate of 1.8 percent.
Abu Dhabi on the other hand had a drop in the average employment rate in the first three quarters when compared to 2017. Other parts such as the Northern Emirates have a drop in the employment rates too. In the last few years there has been a rise and fall in employment rates across various parts of UAE. Some places have seen a rise while the others have seen a gradual decline.
The construction sector and the real estate sectors are the ones that have seen an increase in new employment opportunities and this is supposed to continue further. This leaves hope for the nation that there will be an increase in newer job opportunities in the coming times. There are also new opportunities in the financial sector due to the implementation of value added tax services in the nation.