The worst of the hiring slump is over in the UAE and the most in-demand skills are changing to better handle crises, according to data from LinkedIn.
"We have noticed an increase in the demand for soft skills and a higher emotional quotient [EQ]," Ali Matar, LinkedIn's head of the Europe, Middle East and Africa emerging markets, told The National.
"During a time of uncertainty, we have seen an increase in members adding critical thinking and crisis management to their skill list, as it became apparent that employees who are able to adapt quickly and be creative problem solvers are revered in an economic crisis."
The Covid-19 pandemic, declared by the World Health Organisation on March 12, devastated the global jobs market as lockdowns and travel bans adopted to contain the public health crisis disrupted livelihoods and supply chains. The labour body of the United Nations estimates that 6.7 per cent of working hours were lost globally in the second quarter of this year – the equivalent of 195 million jobs worldwide.
About half of the UAE's adult population, four million people, are members of LinkedIn, which shared its jobs and hiring data for the 12 months to the end of July with The National.
With certain sectors struck particularly hard as a result of the pandemic, LinkedIn observed a trend of professionals shifting industries, possibly for good.
Those working in the recreation and travel industry were five times more likely to apply for a job outside their field during the 12 months ending in July. In the retail sector, people were 2.1 times more likely to apply for a job in a sector other than their own.
Looking at labour statistics predating the coronavirus pandemic, LinkedIn found a gap between workers in industries with declining job opportunities – in part, due to automation – and workers with in-demand job prospects. It found that workers with in-demand jobs tend to stay in high-demand roles, even when they change jobs.
"For workers with jobs in decline, there's a negative feedback loop: the majority of career transitions they make are into another declining job," Mr Matar said.
"Today, it's all the more important to zero in on these transitions since coronavirus has put so many of the declining roles at even greater risk," he added.
In the UAE, the top three skills following the outbreak of the pandemic have been analytical skills, project management and communication, according to LinkedIn.
"Looking at millions of job postings, soft skills such as these are crucial in the current economic climate," Mr Matar said.
After the drop in the UAE’s hiring rate between the months of March to May (hiring fell to 62 per cent of last year's level in April), there has been a period of recovery as the rate began to rise again steadily in late June and July when the lockdown was lifted.
The software and IT sector saw a 44 per cent increase in the share of job postings for the period of May-July 2020 compared with the year before. To build the workforce that will carry organisations into the new digital, post-pandemic world, employers are looking for critical skills in the field of IT and technology.
Technology skills are important, but they have a shorter-than-average lifespan and it is easier than ever to acquire the skills needed, Diana Wu David, the founder of Future Proof Lab in Hong Kong and a partner at the Future Work Forum, told The National.
She said that today's workplace – and increasingly workplaces in the future – will demand interdisciplinary skills.
"Someone crunching the data now needs to know how to do some storytelling around that data. The roles are blurring," she said.
UAE SQUAD
Mohammed Naveed (captain), Rohan Mustafa, Ashfaq Ahmed, Rameez Shahzad, Shaiman Anwar, Mohammed Usman, Mohammed Boota, Zawar Farid, Ghulam Shabber, Ahmed Raza, Sultan Ahmed, Imran Haider, Qadeer Ahmed, Chirag Suri , Zahoor Khan
Tightening the screw on rogue recruiters
The UAE overhauled the procedure to recruit housemaids and domestic workers with a law in 2017 to protect low-income labour from being exploited.
Only recruitment companies authorised by the government are permitted as part of Tadbeer, a network of labour ministry-regulated centres.
A contract must be drawn up for domestic workers, the wages and job offer clearly stating the nature of work.
The contract stating the wages, work entailed and accommodation must be sent to the employee in their home country before they depart for the UAE.
The contract will be signed by the employer and employee when the domestic worker arrives in the UAE.
Only recruitment agencies registered with the ministry can undertake recruitment and employment applications for domestic workers.
Penalties for illegal recruitment in the UAE include fines of up to Dh100,000 and imprisonment
But agents not authorised by the government sidestep the law by illegally getting women into the country on visit visas.
The Book of Collateral Damage
Sinan Antoon
(Yale University Press)
COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3ESmartCrowd%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2018%0D%3Cbr%3E%3Cstrong%3EFounder%3A%20%3C%2Fstrong%3ESiddiq%20Farid%20and%20Musfique%20Ahmed%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDubai%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%20%2F%20PropTech%0D%3Cbr%3E%3Cstrong%3EInitial%20investment%3A%20%3C%2Fstrong%3E%24650%2C000%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%3C%2Fstrong%3E%2035%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3ESeries%20A%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EVarious%20institutional%20investors%20and%20notable%20angel%20investors%20(500%20MENA%2C%20Shurooq%2C%20Mada%2C%20Seedstar%2C%20Tricap)%3C%2Fp%3E%0A
The Way It Was: My Life with Frank Sinatra by Eliot Weisman and Jennifer Valoppi
Hachette Books
New Zealand 57-0 South Africa
Tries: Rieko Ioane, Nehe Milner-Skudder (2), Scott Barrett, Brodie Retallick, Ofa Tu'ungfasi, Lima Sopoaga, Codie Taylor. Conversions: Beauden Barrett (7). Penalty: Beauden Barrett
ENGLAND SQUAD
Goalkeepers: Jack Butland, Jordan Pickford, Nick Pope
Defenders: John Stones, Harry Maguire, Phil Jones, Kyle Walker, Kieran Trippier, Gary Cahill, Ashley Young, Danny Rose, Trent Alexander-Arnold
Midfielders: Eric Dier, Jordan Henderson, Dele Alli, Jesse Lingard, Raheem Sterling, Ruben Loftus-Cheek, Fabian Delph
Forwards: Harry Kane, Jamie Vardy, Marcus Rashford, Danny Welbeck
MATCH INFO
Euro 2020 qualifier
Norway v Spain, Saturday, 10.45pm, UAE
WORLD CUP SEMI-FINALS
England v New Zealand
(Saturday, 12pm UAE)
Wales v South Africa
(Sunday, 12pm, UAE)
ENGLAND SQUAD
Goalkeepers: Jack Butland, Jordan Pickford, Nick Pope
Defenders: John Stones, Harry Maguire, Phil Jones, Kyle Walker, Kieran Trippier, Gary Cahill, Ashley Young, Danny Rose, Trent Alexander-Arnold
Midfielders: Eric Dier, Jordan Henderson, Dele Alli, Jesse Lingard, Raheem Sterling, Ruben Loftus-Cheek, Fabian Delph
Forwards: Harry Kane, Jamie Vardy, Marcus Rashford, Danny Welbeck
Liverpool 4-1 Shrewsbury
Liverpool
Gordon (34'), Fabinho (44' pen, 90' 3), Firmino (78')
Shrewsbury
Udoh (27'minutes)
Man of the Match: Kaide Gordon (Liverpool)
SERIE A FIXTURES
Friday (UAE kick-off times)
Sassuolo v Bologna (11.45pm)
Saturday
Brescia v Torino (6pm)
Inter Milan v Verona (9pm)
Napoli v Genoa (11.45pm)
Sunday
Cagliari v Verona (3.30pm)
Udinese v SPAL (6pm)
Sampdoria v Atalanta (6pm)
Lazio v Lecce (6pm)
Parma v Roma (9pm)
Juventus v Milan (11.45pm)
Top financial tips for graduates
Araminta Robertson, of the Financially Mint blog, shares her financial advice for university leavers:
1. Build digital or technical skills: After graduation, people can find it extremely hard to find jobs. From programming to digital marketing, your early twenties are for building skills. Future employers will want people with tech skills.
2. Side hustle: At 16, I lived in a village and started teaching online, as well as doing work as a virtual assistant and marketer. There are six skills you can use online: translation; teaching; programming; digital marketing; design and writing. If you master two, you’ll always be able to make money.
3. Networking: Knowing how to make connections is extremely useful. Use LinkedIn to find people who have the job you want, connect and ask to meet for coffee. Ask how they did it and if they know anyone who can help you. I secured quite a few clients this way.
4. Pay yourself first: The minute you receive any income, put about 15 per cent aside into a savings account you won’t touch, to go towards your emergency fund or to start investing. I do 20 per cent. It helped me start saving immediately.