By Martin Morris
YouGov survey shows recession having major impact on people’s lives.
One in 10 people in the UAE say they have lost their job in the past six months, according to a new poll.The survey, carried out by research organisation YouGov for The National newspaper, found that almost two thirds of the 821 questioned said close friends or members of their family had lost their job.
Despite this, 58 percent of the unemployed said they were planning to stay on in the UAE to look for another job.
A third however said they planned to leave - 20 percent heading back to their home country, six per cent looking for work in another GCC country and seven per cent hoping to relocate elsewhere abroad.
Not surprisingly, hardest-hit have been the construction and property sectors where 44 percent and 41 percent of those asked knew someone who had lost their job.
Meanwhile, more than two thirds (68 per cent) of those still in work said they were very nervous about their job security, a proportion that fell to 42 per cent among Emiratis.
Almost 90 per cent of those surveyed said they felt there was a lack of transparency in the UAE about the current financial situation, a concern felt most widely among westerners (97 per cent).
The results come less than a week after Bahrain’s Minister for Labour told Arabian Business in an interview that a residency cap for expats, limiting unskilled workers to a maximum five-year stay in any one Gulf state, could be implemented as early as next year.
''I hope that we will push [the residency cap] in 2010, when we have the GCC summit here [in Bahrain],'' said Dr Al Alawi.
''It should be ratified then, and implemented straight away. That is my hope, and I have been trying [to achieve this] since 2002,'' he added.
waht is that mean? who will be affected? ant this new rule will protect whom? is there anyone to explaint this rule to us?
This poll shows the actual state of the economy with at least 10% of workers losing their jobs. The long-term ramifications of this are not being addressed. I for one, and I know others, who are Arab expats and thought of Dubai as their long-term home before the financial crisis hit. Unfortunately, now we have lost the confidence for investing in the UAE and are looking at chances for survival.
there seems to be alot of speculation and no valid statistics! when arabian business publishes such statements who do they take there reference from? polls? pedestrians? it would be nice if the local newspapers would be able to give us a valid government certified statistic on the current market status in order for us to make a close approximate on how much longer we can sustain this crises.