Dubai Employment News
Recruitment activity in the UAE has grown by 33 percent over the past one year, says the latest report by Monster Employment Index. The index tracks the online job posting activity across 12 major industry sectors in the six GCC nations and Egypt. The latest edition of the Monster Index said that the UAE leads the region in the increase witnessed in online job opportunities, growing 33 percent between June 2011 and June 2012. UAE is followed by Kuwait by 30 percent growth year-on-year and Qatar marking 23 percent growth year-on-year.
Except Saudi Arabia, which saw just 2 percent increase in online job opportunities over the past one year, all other countries saw double-digit growth in online job opportunities. Egypt grew by 15 percent, Bahrain by 18 percent, and Oman by 20 percent.
The region's hospitality sector, has grown by a massive 52 percent year-on-year across the region, and in UAE too, the hospitality job postings chart saw a 35 percent growth in the past year.
Employees in retail, trade and logistics sector are expecting a salary hike, as the sector has advertised 46 percent increased vacancies over the past 12 months. This is followed by the production/manufacturing, automotive and ancillary sector with 41 percent increased growth in job prospects. This implies that factory workers and those in the auto industry too, are expecting a sizeable bump in their pay packages this year.
Next in line are the engineering, construction and real estate sectors, with job prospects having improved by 27 percent year-on-year. The real estate and construction sectors achieved a remarkable turnaround, after their crash in 2008. The Monster Index shows that the industry is one of the biggest beneficiaries of the economic revival over the past one year.
Pay-hikes are also likely for those in the education sector, particularly teachers, as the sector has seen 19 percent growth over the past year.
While online job opportunities grew in all the 12 sectors across seven markets tracked by Monster, the least in increase was the Banking, Financial and Insurance sectors, which saw only a 3 percent increase in job prospects. Oil and gas, and healthcare sectors too did not do well in terms of job prospects last year.
Posted on 26/7/2012blog comments powered by Disqus
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