Expo 2020 to increase Jobs – Experts
In just 6 years, Dubai will put on the Middle East’s very first Expo 2020. As we join the world in look to what the emirate will showcase, the training and recruitment consultancies has already being encumbered with more training and recruitment of skilled workers for Expo 2020 projects.
“Recent predictions estimate that there will be over 200,000 jobs over the next few years and that will add at least 1.5 percent to Dubai’s GDP growth over the next six years. According to our research, this will create a need for outsourced solutions for making it far more viable option than the alternative,” revealed Solomon Vijayanand, Chief Enabling Officer of Solomon Management Consultants in Dubai.
The influx of industries such as construction, infrastructure, real estate, hospitality, travel, luxury, fashion and tourism will result in investing in outsourcing solutions that are cost-effective and efficient.
According to recruitment group ManpowerGroup Middle East, the job count will comprise of mostly contract staffing. “Contract staffing in the UAE will become a trend over the next six years proving to be a far more viable option than the alternative,” said Simon Matthews, managing director, ManpowerGroup Thailand, Vietnam and Middle East. Matthews’ research indicates that a large proportion of positions opening over the next six years in the UAE will be white-collar professional roles.
To be more specific, a MEED report predicts more than 277,000 jobs will be created between 2014 and 2021, with around 40 per cent of them in the media, retail, travel and tourism sector.
It also forecasts that for every Expo employee, around 60 additional jobs would be sustained in the wider economy – a notion Reem Al Hashimy, managing director of Dubai’s bid, stressed in her final address in Paris; Dubai’s Expo is about more than just Dubai, it is for the wider MENA region.
“Expo 2020 will have a positive impact on the UAE job market in the sense that it will create more opportunities in addition to attracting talent to the region,” said Martin McGuigan, head of reward consulting at Aon Hewitt Middle East. “This in turn will help raise the overall standard of a company’s workforce, leading to greater productivity and quality of output.”
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