There has been a slight uptick in employment in Dubai, with companies across the emirate opening nearly 50,000 vacancies for over a period of nine months in 2018, according to the latest official statistics from the UAE Central Bank.
According to the data, a total of 45,900 jobs were created between January and September, representing a 1.8% increase from the same time before in 201.
The report noted that Dubai is the primary driver for the growth of the UAE’s labour market, and grew 0.7% in September, compared to 0.03% in June.
Across the country, the growth of the labour market was found to be stable, growing by 1.6% compared to 2.6% over the same time period in 2017.
The data also showed that the construction sector accounts for about a third of the total workforce in the country. The sector was found to have grown by approximately 1%.
The real estate sector grew by 4.4%, while in the services industry – which accounts for a fifth of the workforce – employment fell by 1.3%.
Other sectors that recorded slower employment growth were manufacturing and the transport, storage and communications sectors, which registered declines of 1.1 and 4 percent respectively.
While employment grew in Dubai, the statistics indicate that there was a 3.3% decline in employment growth in Abu Dhabi.
Source: Arabian Business