UAE ranks first in Arab world on ‘global labour resilience index’

UAE ranks first in Arab world on ‘global labour resilience index’

The UAE ranked first in the Arab world and 21st globally on the Global Labour Resilience Index 2020, which was issued in Davos, Switzerland during a special session held on the sidelines of the 50th summit meeting of the World Economic Forum in the presence of Sultan bin Saeed Al Mansouri, Minister of Economy, and officials and economic leaders from more than 30 countries.. Following the release of the report, the UAE has officially climbed 12 places on the index's overall rating over the past five years, up from 33 in 2015, and it is the only GCC country to rank among the top 30 countries this year.. The Global Labour Resilience Index measures the level of future unemployment risks that countries face based on geographical disparities, structural shifts, policy and technology changes and their impact on the labour market; with the report for the current year ranking 145 countries and economies on the flexibility of their labour markets in light of the technological transformation.. The Global Labour Resilience Index is divided into two main axes, each of which includes several sub-indicators.. Switzerland ranked first globally on the index for this year, followed by Singapore in second and the United