UAE Online Job Postings Rise 13% In December

Online job postings in Banking, Finance, Services and Insurance (BFSI) saw the largest growth, rising by 27 per cent, the index showed.



Online job postings in the UAE rose 13 per cent year-on-year in December 2014, according to the latest figures from the Monster Employment Index.

The index, which is a monthly measure of online job activity, also showed that the UAE recorded the steepest growth in the Middle East region in terms of online job postings after Egypt.

Employment opportunities in UAE’s Banking, Finance, Services and Insurance (BFSI) sectors saw the largest growth rising by 27 per cent followed by the IT and telecoms sector which sat 25 per cent.

Meanwhile, hiring fell notably in industries including hospitality and media in the UAE, according to the index.

The hospitality sector recorded the steepest annual decline in December with job postings falling by 17 per cent.

Jobs in advertising, media and public relations also fell by four per cent.

“The year 2014 ended on a positive note with the Monster Employment Index charting a 10 per cent growth on the year,” said Sanjay Modi, managing director, Monster.com, India, Middle East, South East Asia, Hong Kong.

“Among GCC countries, the outlook for the UAE remains very positive and the country has projected a high level of employment in 2015.”

Online job ads were also on the rise across the region with six out of seven countries monitored by the index showing positive growth.

Employment opportunities grew by 18 per cent in Egypt while Saudi Arabia’s online job postings rose by 12 per cent in December.

Kuwait, which registered a decline of one per cent, was the only country to see negative growth in job ads.