Why the Emirates has one of the world's 'strongest hiring booms'

he UAE continues to be a global talent magnet, ranking fifth in the world for total talent inflow after the US, the UK, Canada and France, a new report by LinkedIn in partnership with the Ministry of Economy has said.

Relative to its population, the inflow of talent to the Emirates is the highest in the world, the professional network service said.

“The UAE has recorded one of the strongest hiring booms globally, with hiring rates 36 per cent higher in December 2021 compared with December 2019,” said Rajai El Khadem, head of LinkedIn Mena for government and academia.

“This represented one of the highest hiring recoveries in the world, trending above other developed economies.”

The jobs market in the UAE, the second-largest Arab economy, has recovered strongly from the pandemic-induced slowdown on the back of the government’s fiscal and monetary measures.

About 76 per cent of UAE employers plan to expand their workforce in 2022, a February survey by jobs portal and market research company YouGov said.

About two thirds of professionals in the UAE will actively look for new jobs in the first half of this year as business confidence and hiring activity return to pre-pandemic levels, recruitment company Robert Walters said.

Booming industries
Sectors in the UAE with the highest recovery in hiring levels include healthcare, software and information technology, all of which saw recruitment pick up after the immediate onset of the pandemic, the LinkedIn report said.

The retail and recreation and travel industries have also recovered and are above pre-pandemic levels, while other sectors such as construction, energy and mining are yet to catch up, the report said.

Source: The National