UAE job market signals rebound with 9.5% hiring surge in October

dubai — The job market in the UAE signalled a gradual turnaround with hiring activity returning to pre-pandemic levels at a 9.5 per cent year-on-year uptick in October, latest research data from LinkedIn suggests.

The report said despite this improvement, the labour market has not returned to consistent growth and it is unclear whether this will offset the potential global economic impact of a second wave of infections facing many countries.

Ali Matar, head of LinkedIn Emerging Markets, Middle East and Africa, said over the past three months there has been an improvement in the UAE hiring rate, although it is unclear whether this will offset the potential global economic impact of a second wave of infections facing many countries. “Focusing on transferable skills can help open a variety of roles that people may not have previously considered. Skills can be applied to different jobs or industries, creating new employment opportunities. Likewise, investing time in developing new skills, being proactive in your job search and engaging your professional network is key to finding a new job quickly.”

The research shows that demand for digital skills remains strong across the globe with over 150 million jobs expected in the technology sector over the next five years.

LinkedIn’s data also suggests that as countries around the world face a second wave of infections, avoiding a lockdown to preserve the economy doesn’t improve the national hiring picture in the long run. Brazil saw one of the steepest declines in hiring globally, while Sweden’s hiring rate still hasn’t returned to growth and is tracking behind other European countries.

To help people who are looking for new job opportunities, LinkedIn is rolling out the beta version of their Career Explorer tool globally. The Career Explorer dashboard, which will be in English, is an interactive tool created to help people find jobs that match their skills.

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Focusing on transferable skills can help open a variety of roles that people may not have previously considered Ali Matar, head of LinkedIn Emerging Markets, Middle East and Africa