According to the latest research data from US-based employment-oriented online service company, LinkedIn, the UAE work market signaled a steady recovery with recruiting activity returning to pre-pandemic levels in October at a 9.5 percent rise year-on-year.
Despite this improvement, the labour market has not returned to sustainable growth and it is unclear whether this will able to overcome the global economic impact of the second wave of pandemic facing many countries, the report says
“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 studies indicate that the demand for digital talents prevails high across the globe with over 150 million jobs anticipated in the technology area over the next five years.
The data from LinkedIn also points that avoiding a lockdown to protect the economy would not change the national hiring picture in the long run, as countries across the world face a second wave of infections. Brazil has seen one of the steepest decreases in hiring globally, while Sweden’s hiring rate has not yet returned to growth and is tracking behind other European countries.
LinkedIn’s Career Explorer tool
LinkedIn is setting up the beta version of their Career Explorer tool globally to assist individuals who are searching for new work opportunities. The Career Explorer dashboard is an interactive platform designed to help people find work that fit their skills. This service will be available in English.
Data from LinkedIn shows that there are regions of hiring growth with 14 million jobs available globally on the platform, particularly in healthcare and technology sectors. LinkedIn has identified 10 jobs including Digital Marketer, Graphic Designer and Data Analyst which have experienced constant growth over the last few years.