Question 1: Different Labour Market Conditions in the UAE and the U.S. The environment of a labour market might seem as convoluted and complex at first, yet, after scrutinising the phenomenon from different perspectives, one will realise that the rules by which the specified setting is guided are rather basic. Although the taxonomies used to distinguish between different types of market are numerous, the one that splits the existing markets into tight and loose is of particular interest due to the difference in the conditions under which companies in each market operate. By definition, tight labour markets are characterised by high levels of employment and the resulting drop in the real wage rates (Gillespie and Riddle 149). Respectively, when the levels of employment are low, the real wage rates increase, which makes the labour market loose. In regard to the UAE labour market, the propensity to tightening can be viewed as the most appropriate description since the specified environment has been displaying the propensity toward saturation recently (Sadaqat). Indeed, a look at the UAE labour market conditions will show that the unemployment rates within the specified setting have been declining over the past few years, whereas the real wage levels remain inconsistent, with a drop in 2018 and an expected increase in 2019 (“Real Salaries in the UAE Set to Drop in 2018”; Sadaqat). The observed situation can be deemed as unique since the UAE market currently fluctuates between “tight” and “loose,” while slightly gearing toward the former. In regard to other conditions in the UAE market, the youth employment levels are moderate, with most companies preferring to select experienced candidates. Another distinct characteristic of the UAE labour market is that it is geared significantly toward seeking employment in the public sector (UAE Government). Furthermore, the UAE labour market setting displays the propensity toward low participation rates among the members of its labour force, which can also be attributed to tighter markets and more rigid market conditions. Comparing the described setting to the U.S. labour market, one will find significant differences between the two and appreciate the unique situation within the UAE setting. In contrast to the UAE labour market environment, the American market is obviously tightening, with inflation rates rising and the real wage rates plummeting (“United States Employment Rate”). For instance, there is strong evidence that the American market has been overly saturated with workforce, with the levels of employment increasing exponentially (“United States Employment Rate”). According to the recent statistical data, while there have been minor predicaments with employment opportunities, the overall tendency in the American labour market can be deemed as highly positive, with the recent rise from 60% to 60.7% (see Figure 1) (“United States Employment Rate”). The described phenomenon is slightly different from the one observed in the UAE, where the rise in employment levels is consistent and uninterrupted. Moreover, the propensity toward tightness is much more pronounced in the American labour market setting since the wage rates have been less consistent. Figure 1. U.S. Employment Rates (2014-2018) (“United States Employment Rate”). Therefore, there are certain differences in the labour mar