May 22 2011 |
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UAE jobs down 10% in 6 months: Monster Index
By Shuchita KapurJobs growth strongest in Saudi (+10%) while Egypt (-25%) saw steepest decline
On country specific growth, Saudi Arabia (up 10 per cent) was the strongest among the GCC countries in six-month growth. However, the study shows that available online opportunities in the UAE in the month of April slid 10 per cent below the November level. Jobs in hospitality rebounded but it was production/manufacturing, automotive and ancillary that led all sectors in six-month growth. Demand for marketing and communications/arts/creative professionals recorded strongest six-month growth despite steep monthly decline.
Egypt (down -25 per cent) saw online hiring recede further. The six-month view shows the country's online jobs space dip by 25 per cent between November and April; the steepest six-month decline among all countries, according to the Index.
According to six-month industry trends, online opportunities in April exceeded the November level in six of the 12 industries monitored by the Index. Production/manufacturing, automotive and ancillary (up 12 per cent) was among the leading sectors in the Index in terms of six-month growth rate in April. On the other hand, retail/trade and logistics (down 31 per cent) charted the most dramatic downswing in recruitment activity between November and April among all sectors.
© Emirates 24|7 2011
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