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Mon 23 Sep 2019 02:00 PM

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UAE private sector employment rises to 5.1m

More than half of the UAE's private sector employees are based in Dubai, according to latest central bank data

UAE private sector employment rises to 5.1m

Employment in the private sector rose by 1 percent in the second quarter of 2019 to 5.1 million, according to new figures released by the UAE’s Central Bank.

The previous quarter, private sector employment rose by 0.1 percent.

Data provided by the Ministry of Human Resources and Emiratisation show that employees in the private sector represented about 81.5 percent of all employees registered at the ministry by the end of 2018, compared to 80.7 percent at the end of 2017.

Of the UAE’s 5.1 million private sector employees, 26.9 percent are based in Abu Dhabi, compared to 51.6 percent in Dubai and 21.5 percent in the country’s north regions.

On a quarter-on-quarter basis, employment grew by 0.5 percent in the second quarter of 2019, compared to a 1.2 percent increase the previous quarter.

According to the UAE’s state-run WAM news agency, the rise in employment during Q2 was a result of increased opportunities in the real estate sector, as well as the agricultural, mining, hotels, restaurant, education and health sectors.

The data shows that the real estate sector grew 5 percent year-on-year in Q2, compared to a rise of 4.4 percent in the previous sector.