Expo 2020 provides 94,000 job opportunities in various fields

Expo 2020 Dubai is a significant catalyst for reviving various industries and economic activity associated with this worldwide event, which will begin in early October and run through March 31, 2022, with over 190 nations participating.

 In conjunction with the impending launch of Expo 2020 Dubai, demand for employment in the UAE has seen a remarkable recovery since the start of the third quarter of this year, with numerous entities associated with Expo 2020 beginning to announce the availability of multiple jobs for them, in addition to the jobs provided by the countries' pavilions.

 Employment experts anticipate that Expo 2020 will positively impact the country's labor market in the short and long term and contribute to reviving demand for jobs across all sectors in the coming years, particularly in the hotel, hospitality, retail, logistics, and management sectors.

In the following months, events and facilities will take center stage in the most heavily employed industries. The UAE Purchasing Managers Index for July, released by the "IHS Markit" organization, indicated a substantial growth in the UAE's employment rate, the fastest since January 2019, with optimistic predictions that relaxing restrictions on the Covid-19 virus the Expo will assist. Dubai 2020 is dependent on economic growth.

Expo 2020, according to the Administrative Director of Human Resources at Bayt.com, the job site, will result in positive changes and developments in the country's labor market in the short and long term, as well as increased job opportunities in a variety of sectors, most notably aviation, tourism, and hospitality. The exhibition will assist these industries is progressively recovering from the impacts of the Corona epidemic while also contributing to the growth of retail, construction, commerce, and other vital sectors.

Recently, the site revealed the availability of about 4,000 new positions in the UAE between April and June 2021, a 25% increase over the first quarter of 2021, indicating a surge in online recruiting activities in the UAE.

According to data from the website, over 250 thousand job applications were made in the UAE between April and June 2021.

In terms of demand, hotels and hospitality are the market leaders.

In the hospitality sector, Mohamed Awadallah, CEO of Time Hotels Group, revealed a noticeable increase in employment in Dubai's hotel sector in conjunction with the approach of Expo 2020 and the remarkable improvement in occupancy levels, noting that the rise in employment is consistent with the hotel and hospitality sector's plans to keep up with expected demand over the next decade. He said that bookings in the group's hotels are doing well at the moment, as we have begun getting several individual and group inquiries for reservations throughout the exhibition time.

Awadallah added that in conjunction with the continued expectation of millions of foreign visitors, Expo 2020 Dubai would provide a significant boost to the hospitality sector in particular and the tourism sector in general, including the conference and exhibition industry, as the influx of visitors will not only help increase demand for hotel accommodations but will also help position the city as a global tourism destination.

According to a recent Bayt.com study, the hotel and entertainment industry was the second most employing sector for new graduates in the UAE. It was particularly prevalent in industries that face severe competition for jobs, particularly among the youth.

During the Expo, 94,000 jobs were created.

According to the Economic Influence Study of Expo 2020 Dubai done by Ernst & Young, a global accounting and financial consulting firm, Expo 2020 Dubai is a long-term investment for the UAE and is projected to have a substantial direct and indirect impact on the economy and employment creation. Expo 2020 Dubai supports about 94,400 full-time employment throughout the exhibition's run, including over 51,100 jobs in the restaurants and hotel industry alone.

 The research predicted that the event's economic effect would peak between October 2020 and April 2021 due to the anticipated 25 million visits to the site and the costs incurred by guests within and outside the exposition, including airline services, hotels, food, and food drinks, and commerce.

The study estimated the economic impact of total value added during this period at approximately 22.7 billion dirhams, with the restaurant and hotel sector accounting for approximately 39% of the total, as the industry will be the most impacted, followed by the event organization and commercial services sector, with about 20% of spending likely directed toward the site.

 Amounting to about 505 million dirhams in support of small and medium-sized businesses.

Marvin Francis, a Senior Consultant at Madison Pearl Employment Company, anticipated that Expo 2020 Dubai would result in significant changes to the job market in the UAE in general and in Dubai in particular, noting that the expected growth in sectors related to Expo 2020, such as tourism, hospitality, real estate, technology, retail, and financial services, would result in increased demand for skilled labor.

Flexibility of employment

Mahesh Shahdadpuri, CEO of TASC Flexible Outsourcing and Recruitment, stated that the UAE's employment market had seen a gradual increase in demand for short and medium-term jobs in sectors related to Expo 2020 since the beginning of the third quarter of this year.

He noted that the highest percentage of jobs are in the hotel and hospitality sectors, event management and coordination, technology, lighting, and retail, as well as security, guarding, and facility management, and that Expo 2020 Dubai will generate thousands of direct and indirect jobs before, during, and after the event. He noted that the expansion of the job market associated with Expo 2020 Dubai in the UAE would have a noticeable effect on the national economy's performance, which is gearing up for a new phase of growth as a result of the government's incentives to various sectors.

crucial role

Dubai Economic recently highlighted the tourism sector's critical role in the emirate's economy, noting that this role is indirect. It increases the added value of other related industries such as aviation, airports, land and maritime transport, and construction.

 He noted that tourism generated an added value of approximately 20.1 billion dirhams and contributed 5.1 percent to GDP last year, with the expectation that "Expo 2020 Dubai" will develop over 94.4 thousand full-time jobs, including 51.1 thousand jobs (54 percent of total employment) in the accommodation and restaurant services sector.

The United Arab Emirates is a magnet for global talent.

The UAE is home to a globally diverse and educated workforce. The International Institute for Management Development's Global Talent Ranking Report ranked the country 24th overall, first in the Senior Managers Index and second in the "availability of skilled labor" and "global expertise availability" indices. Additionally, the country ranked among the top ten in employee training, employee incentives, and the number of highly skilled foreign workers.

To keep up with the growing labor market requirements, the country's higher education institutions have a strong presence, which qualifies them to act as a catalyst for innovation, support and nurture an entrepreneurial culture, and strengthen the start-up ecosystem from idea generation to marketing.