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Tourism is a major economic source of income in Dubai and part of the Dubai government's strategy to maintain the flow of foreign cash into the emirates. [19] The tourism sector contributed in 2017 about $41 billion to the GDP, making up 4.6% of the GDP, and provided some 570,000 jobs, accounting for 4.8% of total employment. [20]
Recent data has undoubtedly shown a labor market that's far cooler than the hot jobs market of 2022, which rebounded following pandemic shutdowns. The unemployment rate has steadily crept up in ...
However, since the late 2010s, an influx of high-net-worth individuals significantly increased the cost of living, especially housing and private school fees. The UAE went from being the 90th most expensive destination for expatriates in 2013 to the 31st in 2023. [14] As a result, thousands of middle-class workers left the country. [14]
The United States has an embassy in Abu Dhabi and a consulate-general in Dubai which provide services to American citizens. There are also expatriate and business organizations, such as the American Women's Association in Dubai, [4] the American Women's Network of Abu Dhabi [5] an American Chamber of Commerce Abu Dhabi [6] and an American Business Council of Dubai and the Northern Emirates.
The health sector holds many of the best job opportunities for workers in 2025, due to factors like high labor demand and pay, according to a new ranking from job search site I… CBS News 22 days ago
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Expectations of losing one’s job also hit a record, the new survey found: The average expected likelihood of becoming unemployed rose to 4.4%, up from 3.9% a year ago and the highest level ever ...
Dubai [a] is the most populous city in the United Arab Emirates and the capital of the Emirate of Dubai, the most populous of the country's seven emirates. [5] [6] [7] As of 2024, the city has a population of around 3.79 million, [8] more than 90% of which are expatriates.