The UAE’s employment market hit a new high in 2014 with more than 4.4 million people in work, the Ministry of Labour said on Monday.

Officials revealed that the employment rate grew last year by about 10 percent compared to 2013, and the total number of workers reaching 4,417,000.

Humaid Rashid bin Deemas Al Suwaidi, Assistant Under-Secretary of Labour Affairs, said in comments published by news agency WAM that the ministry issued about 1,212,000 work permits last year while terminating the contracts of 821,000 workers.

He said the construction sector topped the list of the three major employers, with 1,500,000 labourers in jobs, making up about 34 percent of total employment.

The business sector followed with about 1,050,000 workers and 24 percent of total employment, and the industrial sector with about 500,000 workers and 12 percent.

The three sectors combined account for about 70 percent of total employment in private sector establishments registered with the Ministry of Labour.

Al Suwaidi said that the healthcare sector was the fastest growing sector in employment rates during 2014.

The Assistant Under-Secretary also revealed that first and second class employment (in terms of skill level) recorded the highest percentage in terms of the increase in the number of workers by 14 percent.

He said that this increase indicated that the UAE’s labour market is “heading towards attracting talent and expertise in specialised and technical professions”… see more
source: arabianbusiness