News Unemployment in UAE expected to rise in June and...

Unemployment in UAE expected to rise in June and July

-

Middle East-based HR consultancy firm predicted unemployment rate in UAE to rise, particularly in June and July.

In a The Filipino Times report, citing Gulf News, Tuscan Consulting revealed in its survey that businesses will get to have a clear vision of what coronavirus disease (COVID-19) has done to their operations come summer—a reason layoffs could see a rise.

In the survey, about 40 percent of the respondents, employers in UAE, stated that they have asked some if their staff to take unpaid leave amid the pandemic.

Meanwhile, around 20 percent of employers have devided to cut the employees’ salaries while 24 percent terminated some of their employees.

The HR consultance firm that 22 percent of businesses had not done any drastic decision yet to reduce costs.

Tuscan Consulting also revealed that one of the first to cut more employees will probably be the airline industry, especially after they stopped domestic and international flights. At the height of pandemic, airline companies were the first ones who got affected the most, followed by the real estate sector.

The survey revealed that only 30 to 50 percent of real estate companies had only cut salaries.

“HR teams are likely to be involved in more difficult conversations in the coming months. It is advisable for all HR practitioners to have dialogue, show empathy and take employee consent and ensure legal compliance for any drastic measures on salary and benefits,” Gulf News quoted Tuscan Consulting as saying.

Ryan Namia
Ryan Namia spends most of his days reading over drafts of new written content and determining which ones make the final cut for online and print publication. He received his Bachelor's degree in Journalism in 2015 and has been writing since 2016. Got a story to tell? Email him at eic@theglobalfilipinomagazine.com. Or follow his IG @rtnamia.

Latest news

Dubai-based broadcast journalist urges school alumni in Baguio to find passion and purpose

Dubai-based multi-awarded broadcast journalist Rachel Salinel, who represented her batch at the St. Louis Girls High School...

Darryl Yap’s ‘Martyr or Murderer’ to hit theatres worldwide on March 1, 2023

The prequel to the controversial film 'Maid in Malacanang' by filmmaker Darryl Yap, 'Martyr of Murderer,' will...

Pinas Travel opens in Reef Mall in Dubai, vows to provide a best-in-class travel experience

Rising travel agency Pinas Travel marked a milestone today, February 5, 2023, by opening its pilot branch...

Jewelers in Dubai share why gold is a good investment right now

Is it the right time to invest in gold? Dubai-based couple and business partners Rami Hajjar and...
- Advertisement -

Ali Mubarak Al-Azizi from Al-Ain grabs last Golden Square ticket to 23rd Fazza Championship for Youlah

The cast is now complete and the quest for the Fazza Gold Cup has entered its pivotal...

Venue for KathNiel, Joshua, and Zanjoe’s G! Kapamilya show in Abu Dhabi revealed

After the successful return to holding events overseas last year following the long pandemic, ABS-CBN Global levels...

Must read

You might also likeRELATED
Recommended to you