Problem
Low Unemployment Rates in Dubai Dubai's unemployment rate stood at 0.4 percent in 2015, increasing by 0.1 percent from its 0.3 percent level in 2014. Despite this increase, Dubai has the one of lowest unemployment rates in the world. Source: Gulf News, August 28, 2016.
I. Using the information in the news clip, what can you conclude about the labor force participation rate, employment-to-population ratio, and unemployment rate in Dubai?
II. If the government of Dubai relaxed employment visa requirements to make it easier for foreign nationals to seek a job in Dubai, how would the unemployment rate in the news clip change? Why?