As many as 60,000 employees subscribed to the UAE’s unemployment insurance programme within two days of it coming into effect, authorities said on Tuesday.
The scheme, which started on January 1, saw 86 per cent participants signing up via the official website, the Ministry of Human Resources and Emiratisation said.
Ninety per cent of the participants chose to subscribe to the scheme annually, the ministry added.
Stemming from the Federal Decree-Law No. 13 of 2022, the Unemployment Insurance Scheme aims to create a low-cost job safety net that supports employees in their professional journey, providing them with career stability with no cost on employers.