The photo has been used for illustrative purposes.
Gulf Today, Staff Reporter
The UAE Minister of Human Resources and Emiratisation has introduced a new social support package under the unemployment insurance system that would make sure people who lost their jobs will receive a basic cash payment each month.
Dr Abdulrahman Al Awar said that the new unemployment insurance scheme would take into consideration all workers in the private and public sectors in UAE.
UAE unemployment insurance system will help workers with cash in event of job loss
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The scheme will support the unemployed person in searching for another job.
The minister said that the scheme will come into effect in January 2023.
According to the labour minister’s decision, a resident would have to pay a minimum of Dhs100 a year for an insurance company scheme.
The minister clarified that it is up to the resident to pay for a higher package.
Khalil Al Khoori, Acting Undersecretary for Human Resources Affairs at MoHRE, said: “The increase in the private sector workforce is aligned to the remarkable growth of the UAE’s economy."
"We reassure our sons and daughters who ask about jobs ….We have not forgotten you. The employment file is in my hands. Work is on to provide jobs."
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