Essay on Unemployment in Dubai

Essay on Unemployment in Dubai Unemployment in Dubai Dec 20, 2018 in Economics Introduction Unemployment is a major social and economic problem which is affecting both the developing and developed countries. Having information about the employment and unemployment rates of a country helps a lot in putting in place methods and policies which help sustain the economy by curbing the rate of employment. The economy of the United Arab Emirates is mainly sustained by oil, and most of the employment opportunities are found in the oil industry and related sectors such as finance and infrastructure (Muwia, 2004). Unemployment rate is defined as the number of people who are able and willing to work, but cannot find job opportunities, divided by the number of families in that selected region. Employment, on the other hand, is defined as the number of people who are actively employed.