The UAE topped 5 of the global indicators related to the labor market, issued by international bodies and institutions, in terms of achievements that consolidates its leadership as a leading global development model.
The country ranked first in the world in the “Ability to Attract Talent” index, according to the Global Prosperity Report 2023 issued by the British Legatum Institute IMD in Switzerland, which are “lack of labor disputes”, “lack of employee termination compensation costs”, and “working hours”, in addition to the “low cost of dismissal” indicator in the Global Innovation Index 2022 report issued by the World Intellectual Property Organization, reports Al-Qabas daily.
The UAE also ranked second in the world with 5 indicators, within the “Global Competitiveness Yearbook Report 2022”, which are the availability of specialized senior managers, the employment rate, the lack of unemployment, the percentage of the expatriate workforce, and the percentage of the workforce in the population.