Unemployment in Uae

In comparison to US, Australia’s structural unemployment rate is higher (Statista, 2018) that gives some ground for Australia to lower the unemployment rate from the nation (Australian Government Budget, 2004-05). Before the Second World War, the unemployment rate of Australia was only around two percent. Due to increase in working age population in Australia, along with increase in employment, unemployment rate also increases. Rapid growth in economy, trained workers, educated and skilled workers, expansion of business in country will lead to lower the unemployment rate.

Over the past decades, early 1980’s to 2010 the unemployment problem in Malaysia shows the fluctuations year by years. Besides, unemployed graduates have become the popular case in Malaysia that need more concern by the government. A statistic shows in year 2006 involving 132,900 graduates from institutions of higher learning all over Malaysia indicated that 30.7% of graduates remained unemployed six months after graduation, while 5.7% were still awaiting job placement (Tan, 2007). According to Nor Hartinin, there are more female graduates in this country were unemployed because they lacked with the relevant skills required in the labour market such as communication skills despite having academic results with flying colours. The

Persian Gulf Development Literature Oil Curse Literature Arab and Islamic Factors Regional Ovemiew and Historical Background Dubai's Development History

United Arab Emirates occupies a total area of about 83,600 square kilometers (32,400 square miles), along the south-eastern tip of the Arabian Peninsula between 22°50 and 26°N and between 51° and 56°25 E. The UAE has 1 318 km of continental coastline along the Persian Gulf. The inflation rate, exchange rate and currency stability are important factors to consider in International trade, economically, the UAE has a 4% of GDP growth in 2012 with a lower inflation rate of 1.1%, In terms of days and cost of import procedure (United Arab Emirate). The Urbanization rate of the region is 84% (UAE) which would contribute to the product awareness in necessary part of the region since the urbanization rate is high. The common languages in

In contemporary times, it is essential to provide the basic necessities in life like food, shelter, clothing and education. One must strive to seek for a job and have salary in order to have those needs. However, not all people are employed. They cannot enjoy the perks of having a job and some only depend on government subsidies to survive. Unemployment rate has begun to rise and finding a job has become harder. In Australia, the rate of unemployment. Australia's estimated seasonally adjusted unemployment rate for August 2015 was 6.2 per cent, a decrease of 0.1 percentage points. In trend terms, the unemployment rate was unchanged at 6.2 per cent. (ABS, Labour Force, Australia, 2015) The purpose of this document is to analyse the unemployment

Unemployment has been a trend in past few years. The statistics suggests that the jobless rates are significantly higher than the opportunities at stake, and this has been the greatest downfall for the youngsters

Unemployment is a problem faced by all nations only that it varies in degree (Teichova & Matis, 2003). Reduction in its levels promotes economic growth and development in any country. There are various types of unemployment which include voluntary unemployment, involuntary unemployment, frictional unemployment, cyclical unemployment, structural unemployment and seasonal unemployment. Voluntary unemployment is where workers willingly leave the jobs they are holding and go to look for better ones. Involuntary unemployment on the other hand is where workers are fired or laid off from their jobs and need to find new ones. Frictional unemployment is where workers take some time before they can secure a job after leaving a certain job. This is a type of unemployment faced by many people since they leave jobs without having already secured new ones. Cyclic unemployment is the type of unemployment that is dependent on economic cycles of recession and boom (Cogley & Sargent 2005). As the economy enters into recession, some companies respond by cutting on the level of production hence laying off workers since they are not in full production. Cyclic unemployment naturally ends during boom. Structural unemployment on the other hand is the type of unemployment where some labor markets have more workers than the total jobs available (Jena, Kandalam & Sun, 2009). Also, it can occur where the

Egypt is a lower middle income country in North Africa in the middle eastern region, with a population of, according to Freedom House (2016), about 89 million. The capital of Egypt is Cairo, there is a GDP/Capita of $3,198.70, and the aggregate score is at 27. It’s Freedom Status is reported as “Not Free”, with scores ranging from 5-6 (Freedom Rating: 5.5, Political Rights: 6, Civil Liberties: 5). The unemployment rate was recorded at 12.5 percent in mid 2016, which is up from 9 percent before 2011, and is quite a concern, with even higher rates amongst the youth and women. Data indicated the 28 percent of the population lived below the poverty line in 2015, with poverty rates as high

Now it is clear to see why the unemployment rate has been closely monitored all the time, especially at the time of crisis. The unemployment rate, after reaching its peak in October 2009, has been declining slowly but steadily, as U.S firms keep adding more jobs to the market. There was a small increase in unemployment rate in July this year (the Wall Street Journal, Aug 4th, 2014), but the unemployment rate continues to fall in the following months, and finally in this September, it falls to 5.9 percent, the first time it has been below 6 percent since July 2008 before the financial crisis (The Huffington Post, Oct 3rd, 2014). In October, the employment continues to drop, reaching 5.8 percent at the end of the month (BBC, Nov. 2014).

The data published by the US Bureau of Labor Statistic in January 2012, reflecting the employment in November 2011, showed that the unemployment rate fell to 8.6 percent, while the number of unemployed people decreased by 594,000. At the same time, however, while the number of job vacancies increased by 35 % since the lowest level reached in June 2009, unemployment decreased by only 9.4 %, a significantly lower level (The Threat of Structural Unemployment, 2012). The respective difference in figures can be translated through the increased proportion of structural unemployment in the overall unemployment figures.

National unemployment rates are one of the key macroeconomic figures that indicate to an extent how well a country is performing at a certain point in time. These figures are widely used by economists because they can show economic growth or economic stagnation. One of the most significant steps that must be taken in order to reduce the unemployment rate is to find out what is causing it. There are many different factors that affect a country’s economic is performance, which means that there is also a wide range of policies that can be implemented to reduce unemployment and improve economic performance. Typically there are two major types of employment factors – demand side and supply side.

The economy in the United Arab Emirates has experienced substantial increases in the last 40 years. The UAE’s capabilities with the pearling and oil industries have given the region its necessary budgets to expand so rapidly. The economic policies in the UAE have gone through stages, since the birth of the region in 1971. Changes in economic welfare of the markets, and privatization policies are also key aspects in understanding the UAE’s economic liberalization and growth. In order to understand the UAE’s economic standard, economic liberalization must be analyzed. The argument of this paper will discuss how economic liberalization has occurred in the United Arab Emirates and is continuing to grow.

The UAE is one of the riches nations in the world as measure by per capita GNP. The economy is primarily based on the oil

There are numerous causes to the problem of unemployment which may vary from country to country. Amongst them are

Forefront of the workforce in the UAE in both the government sector as well as a growing number