Pakistanis seeking jobs in Dubai will have to wait

United Arab Emirates

Business conditions in Dubai are not good, thousands more could lose their jobs

In the United Arab Emirates, millions have lost their jobs or their salaries have been temporarily reduced following the Corona epidemic. It has been several months since the lockdown ended, but business has not yet fully recovered, causing a great deal of unrest in the business community. Because if business continues at the same slow pace, they may have to bear more financial losses as a result of which more people may lose their jobs.

According to the Daily Gulf News, David Owen, an economic analyst, says that although business conditions in the UAE are not as favorable as they were before Corona, it is likely that business activity will return to normal in 2021 as the vaccine campaign accelerates. After which jobs in the private sector will also become available.

The good news is that fewer people lost their jobs in November than in the previous nine months, largely due to lower wages from employers, which has helped them manage their deficits. Is.

However, if the number of customers does not increase in the next few weeks, more people may lose their jobs. This situation is very disturbing for private sector entrepreneurs. That is why new jobs are not emerging in Dubai. Companies say they can't get themselves into trouble by hiring new people, as more people could lose their jobs if the business doesn't recover. The rate of new business start-ups has been very low in November. The month of December is very important, if business activities do not accelerate during this time, many people may lose their jobs. New jobs can only be created as commercial and business activities move forward.