According to the Minister of Human Resources and Emiratization, Dr. Abdul Rahman Al-Awar, 70% of the workforce, citizens, and residents are registered in the unemployment insurance system, which offers temporary financial support for a period of three months to those who lose their jobs, and insurance has been provided for 97% of workers in the private sector from various categories of workers and employees in various fields and sectors.
In seven months since the system's implementation began in January of this year, more than five million and 140 thousand workers and employees have participated in the unemployment insurance system, according to a statistical report from the Ministry of Human Resources and Emiratization, with an increase of more than 140 thousand workers and employees who joined the insurance system over the last 24 days.
Workers in the federal and private government sectors are covered by the unemployment insurance system, which aims to provide the insured worker with a cash payment for a period of three months in the event that he becomes unemployed due to the termination of his employment with his employer in exchange for a subscription fee that is deducted from him on a monthly basis while he is at work so that the worker receives compensation at 60% of the subscription salary on a monthly basis.
In his speech at the "Group of Twenty" meeting of labour and employment ministers, which the Republic of India hosted on July 20 and 21, Al-Awar emphasised the UAE's eagerness to actively contribute to international efforts aimed at achieving a better future for societies and people around the world, based on providing job opportunities and enhancing the contribution of human resources to sustainable development.