UAE improves ranking in Global Labour Resilience Index

iStock

The UAE's employment market is well-suited to keep pace with technological and geopolitical changes around the world.

That’s according to the latest Global Labour Resilience Index, which was released at the World Economic Forum in Davos recently.

The UAE has climbed 12 spots to 21st on the list, which measures the level of future unemployment risks.

It’s also ranked first in the Arab world.

Switzerland topped the index of 145 countries, followed by Singapore in second and the US in third.

The index was compiled by Whiteshield Partners, a London-based consultancy firm, in cooperation with the Oxford University Saïd Business School, ManpowerGroup, and the UK Institute for the Future of Work.

During the launch of the report on the sidelines of the Davos 2020 meetings, the UAE's Minister of Economy, Sultan bin Saeed Al Mansouri said: "The index carries great importance as it provides an invaluable tool for measuring the readiness of labour markets for the fluctuations that the world is currently experiencing or will face in the future – whether due to technological transformations, economic impacts of geopolitical changes, trade disputes or economic retreats."

More from Local News

News

  • UAE leaders offer condolences to Brazil over tornado victims

    President His Highness Sheikh Mohamed bin Zayed Al Nahyan, on Sunday, sent a message of condolences to Brazil President Luiz Inácio Lula da Silva, over the victims of the tornado that hit the state of Paraná, which resulted in several deaths and injuries.

  • UAE takes part in G20 Health Ministers meeting in South Africa

    The UAE participated in the G20 Health Ministers Meeting and the G20 Joint Finance and Health Ministers Meeting, held in Polokwane, South Africa, on November 6-7, which brought together ministers and senior officials, along with representatives of several international organisations.

  • WHO delegation receives medical supplies at Emirati field hospital in Rafah

    The Emirati field hospital in Rafah welcomed a delegation from the World Health Organisation (WHO) as part of a visit to review the UAE’s humanitarian and medical initiatives under Operation Chivalrous Knight 3, aimed at enhancing cooperation to bolster the healthcare sector in Gaza.