Job Lay offs in the UAE
If the Piers Morgan interview painted a rosey picture over the situation, this paints a realist, for regular earners (normal people) who aren't in the bling. Hard times in the UAE. Indeed:
If you are listening correctly, 8% reduction in population, means something - less jobs...in some industries.
If you are listening correctly, 8% reduction in population, means something - less jobs...in some industries.
Labels: lay offs in dubai, layoffs in abu dhabi
posted by grapeshisha at 4:51 AM
2 Comments:
8% is pretty hectic...and it will increase. That is sure.
quite frankly i am expecting unemployment to hit double digits very soon. dubai will continue to fall for at least 6-12 months before showing any signs of rebound. market in way overvalued in that region right now
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