The UAE's labor force survey for 2024 reveals a 1.7% unemployment rate and significant workforce participation.
The labor force survey for 2024 in the United Arab Emirates indicates a robust economic engagement among individuals aged 15 and above, with the economic participation rate reaching 83.8%, a rise of 6.8% from 2023. Concurrently, the unemployment rate has decreased by 5.3% compared to the previous year, positioning the UAE among the lowest globally according to estimates from the International Labour Organization.
The unemployment rate in the UAE stands at 1.7%, significantly lower than the global average unemployment rate of 4.9%.
In terms of economic sectors, services dominate the labor market, accounting for 61% of employment, followed by industry and construction at 37%, with the remaining 2% spread across other sectors.
The private sector employs 81% of the workforce.
The UAE has achieved leading global positions in several labor market indicators, ranking first in five key metrics, including the percentage of employment, labor market participation rate, frequency of labor disputes, compensation costs related to employee termination, and total working hours.
Additionally, the country ranks second globally in workforce growth and third in employment growth.
It also holds fourth place worldwide in three categories: unemployment rate projections, availability of global expertise, and the regulatory framework for labor.
The UAE is fifth globally in unemployment legislation metrics.