Middle East: Retail and Hospitality Lead in Job Creation

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Dubai Madinat Jumeira
Madinat Jumeirah – The Arabian Resort of Dubai, is a magnificent tribute to Dubai’s heritage and is styled to resemble an ancient Arabian citadel. According to latest Monster Job Index online job opportunities of hospitality sector in the region reported a 38 percent increase compared to the same period last year. Photo-[email protected]

A top online job portal has reported that online job opportunities in UAE’s trade and logistics sector witnessed an increase of over 45 percent compared to the previous year.  Online opportunities in the hospitality sector also saw an encouraging growth of an estimated 8 per cent.

Compared to the same period last year, an increase of 38 percent was seen in the online job opportunities of hospitality sector in the region. Jobs in the retail and trade & logistics industry also jumped by about 37 percent in the Middle East. The surge in job advertisements has been boosted by government efforts to liberalize different sectors of the economy to reduce heavy reliance on oil income.

A country wise comparison showed growth in online job opportunities was recorded in four nations. On the whole, a decline of 26 percent online job opportunities was seen in Saudi Arabia. On the other hand, an 8 percent and 24 percent increase was recorded in UAE and Qatar online opportunities, respectively, over a 12-month period till November 2012.

Some of the sectors which recorded slowest or negative growth include chemicals, fertilizer and oil & gas, which saw a 9 per cent decline.  Among occupation groups, sales and business development showed a robust growth of about 25 percent, while healthcare professionals also remained in strong demand. However, HR & administrative occupations declined by 26 per cent, while legal positions also did not stir much interest in the job market.

These figures were presented by Monster Employment Index, a monthly online job monitor of Monster.com. The index reviews job opportunities posed by a sample of career websites and online job listings in seven countries of the Middle East.

According to Sanjay Modi, Managing Director, Monster.com (India/ Middle- East/South East Asia), “employers across Middle East continue to adopt a cautious approach owing to current global economic conditions. This cautious sentiment is reflected in the Monster Employment Index for November”.

 

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