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UAE plan to limits foreign labor force
United Arab Emirates, Economics, 12/10/2001
The United Arab Emirates has been seeking a plan to creating some 100,000 job opportunities for the UAE citizens during the five coming years in order to limit the rate of foreign labor force employed in the country which reached 91%.
A study by the Arab Labor Organization said that number of the Gulf Cooperation Council GCC population will toll 39.4 million in 2010 in comparison to 25 million in 1995. The study added that there will be some 8 million job seekers in the GCC member states during the 15 coming years. A matter which requires providing 533,000 job opportunities annually to withstand this demand.
The study estimated the volume of unemployment in the Arab homeland at 15% of the labor force volume which tolled 90 million persons.
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