The number of jobs being posted online in the UAE declined by 24 per cent year-on-year last month, according to jobs listing site Monster.
The company said yesterday that the decline was prevalent across most professions, with only the engineering and production sectors reporting growth. The number of professional jobs listed for finance and accountancy roles dropped by 41 per cent, while the number of human resources roles listed fell by 24 per cent.
Lower-level jobs in other sectors reported growth, including the consumer goods, food and home appliances sectors, where the number of jobs listed increased by 20 per cent, according to the monthly Monster Employment Index. The overall number of jobs listed in IT and telecoms grew by 4 per cent but overall jobs listed in the hospitality market fell by 25 per cent, in oil and gas by 23 per cent and banking and financial services by 14 per cent.
The company said that the trend in the UAE was reflected across the Gulf, although Bahrain and Oman reported growth in the number of online jobs posted year-on-year – by 14 per cent and 8 per cent respectively.
Sanjay Modi, the managing director for Monster.com in the Middle East and Asia Pacific regions, said it was not surprising that demand for engineering and production professionals had increased as they were needed for infrastructure and strategic green energy projects planned by governments.
However, a survey by the UAE careers site Bayt.com and the research firm YouGov published on Sunday revealed more positive sentiment for the future, indicating that 67 per cent of employers in the country are looking to hire workers within the next three months. It said 70 per cent of privately owned companies said they would “definitely” or “probably” bring in new staff.
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