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Dubai

UAE To Implement Unemployment Insurance Scheme: Highlights & Benefits

Unemployment insurance programmes are being implemented in emerging and advanced economies, according to the International Labour Organization (ILO).

The UAE has unveiled a new insurance programme that will safeguard employees against job losses and give temporary cash support to the unemployed. The scheme’s goal is to boost job market competitiveness and provide a stable environment for workers.

The scheme will provide a cash payment for a limited time to an insured who has lost his or her work unexpectedly. The insurance package will help the insured until he or she finds work. Unemployment insurance programmes are being implemented in emerging and advanced economies, according to the International Labour Organization (ILO).

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