MoL launches labour market information system
WAM Abu Dhabi, 31st Jan. 2012 (WAM) -- The Ministry of Labour launched today the first phase of the labour market information system with the aim of formulating adequate and proper policies to improve performance of job market and facilitate decision-making to deliver best results in recruitment of UAE nationals and contractual foreign workers.
Addressing a special ceremony held on that occasion here today, Minister of Labour Saqr Gobash said the system fits well into the UAE Vision 2021 which highlights enhancement of participation of national workforce, building their capacities and augment of their efficiency, flexibility and productivity in the local labour market through fully integrated policies.
''The system underlines the Ministry's commitment to materialising its vision of having a vibrant, stable labour market and a highly productive workforce to support a competitive knowledge-based economy centred on the UAE national,'' the minister added.
The system, he indicated, was drawn in coordination with strategic partners based on strategic plan and effective governance system, to meet priorities, objectives and requirements of the local labour market and support decision- and -policy makers.
''We worked last year with the World Bank and our strategic partners under the massive technical cooperation programme to design and develop the system,''he explained. According to him, the system will create a data base of statistics and information based on labour market indicators as registered with the Ministry of Labour.
The data, he added, will be accessed through conclusion of memoranda of understanding with stakeholders through which the data bank will be completed by the end of 2013.
Six memoranda of understanding were signed today with Federal Council for Demographic Composition, National Bureau of Statistics, National Human Resource Development and Employment Authority (TANMIA), Abu Dhabi Tawteen Council (ADTC), Statistics Centre - Abu Dhabi (SCAD) and Abu Dhabi Retirement Pensions and Benefits Fund (ADRPBF).