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UAE job hiring rate increase by remarkable 4.2% in May

TechX Sport by TechX Sport
July 17, 2023
in News
Reading Time: 3 mins read
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After a drop at the beginning of the year due to the corrective phase of the local job market, hiring has picked up in the United Arab Emirates. (UAE) While the country saw a decline at the beginning of the year, the hiring rate increased by 4.2% in May compared to the same time last year, and has remarkably grown 46.0% compared to pre-pandemic May 2019 - a testament to job market recovery and the emergence of new opportunities, according to Ali Matar, head of EMEA growth markets at LinkedIn. As businesses in the UAE flourished in response to the increased demand for their goods and services following the epidemic, the number of available jobs exploded. The majority of industries, including aviation, real estate, travel and tourism, and many others, experienced expansion. This was reflected in June's employment growth in the United Arab Emirates (UAE), which was the 14th consecutive month of expansion, as growth in non-oil sectors accelerated. The latest S&P Global UAE Purchasing Managers' Index (PMI), a survey of private sector firms, also showed that the UAE's job market continued to expand and create more opportunities for jobseekers. Worker vs. employer in a game of tug of war in UAE Employers in the United Arab Emirates (UAE) are becoming less flexible, but job searchers continue to rank flexibility highly among their most important qualities for a prospective employer. According to LinkedIn, remote job listings fell by 4.1% in May, the 13th consecutive month, while hybrid job postings increased by a staggering 25.2% from May 2022 to May 2023. One of the benefits of the epidemic is greater workplace flexibility, but we've seen a discrepancy between what companies are offering and what workers want. Despite employers' efforts to limit employees' freedom of schedule (44 percent of UAE executives expect to do so in 2023, according to LinkedIn data), flexible work arrangements remain a top priority for job searchers, according to Matar. Matar emphasized the importance of employers reevaluating their work paradigm to attract and retain top personnel in order to establish resilient and profitable firms that come out on top. Ali Matar noted that the UAE labor market is tight by historical standards, suggesting there are chances for persons with the necessary talents despite the quickly shifting recruiting landscape. Putting "the right person with the right skills in the right position" is "exactly what the future of work is," he continued. To read our article about "Crypto boycott, National Australia Bank claims it scam in 2023" click here.

After a drop at the beginning of the year due to the corrective phase of the local job market, hiring has picked up in the United Arab Emirates. (UAE)

While the country saw a decline at the beginning of the year, the hiring rate increased by 4.2% in May compared to the same time last year, and has remarkably grown 46.0% compared to pre-pandemic May 2019 – a testament to job market recovery and the emergence of new opportunities, according to Ali Matar, head of EMEA growth markets at LinkedIn.

As businesses in the UAE flourished in response to the increased demand for their goods and services following the epidemic, the number of available jobs exploded. The majority of industries, including aviation, real estate, travel and tourism, and many others, experienced expansion.

This was reflected in June’s employment growth in the United Arab Emirates (UAE), which was the 14th consecutive month of expansion, as growth in non-oil sectors accelerated. The latest S&P Global UAE Purchasing Managers’ Index (PMI), a survey of private sector firms, also showed that the UAE’s job market continued to expand and create more opportunities for jobseekers.

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  • Worker vs. employer in a game of tug of war in UAE

Worker vs. employer in a game of tug of war in UAE

Employers in the United Arab Emirates (UAE) are becoming less flexible, but job searchers continue to rank flexibility highly among their most important qualities for a prospective employer.

According to LinkedIn, remote job listings fell by 4.1% in May, the 13th consecutive month, while hybrid job postings increased by a staggering 25.2% from May 2022 to May 2023.

One of the benefits of the epidemic is greater workplace flexibility, but we’ve seen a discrepancy between what companies are offering and what workers want. Despite employers’ efforts to limit employees’ freedom of schedule (44 percent of UAE executives expect to do so in 2023, according to LinkedIn data), flexible work arrangements remain a top priority for job searchers, according to Matar.

Matar emphasized the importance of employers reevaluating their work paradigm to attract and retain top personnel in order to establish resilient and profitable firms that come out on top. Ali Matar noted that the UAE labor market is tight by historical standards, suggesting there are chances for persons with the necessary talents despite the quickly shifting recruiting landscape. Putting “the right person with the right skills in the right position” is “exactly what the future of work is,” he continued.

To read our article about “Crypto boycott, National Australia Bank claims it scam in 2023” click here.

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