Online job postings in the UAE shot up 26 per cent in the month of July this year compared to the same period in 2013, the latest figures from Monster Employment Index revealed.
The banking, finance and insurance industry (BFSI) saw the largest year-on-year growth in the index, a monthly measure of online job activity. Construction and real estate and healthcare were the other top growth industries in terms of job listings in the UAE.
Categories in the Emirates that saw a slower pace of hiring included retail, Information Technology and advertising and media.
The UAE also recorded a marginal one per cent growth from June this month and was the only country to see positive growth in July.
Overall, online job listings in the Middle East during the month rose 11 per cent year-on-year in July, the index revealed.
The chemicals, plastic, paints and fertilizer industry registered the steepest growth in online recruitment year-on-year. Meanwhile, recruitment activity eased in sectors such as consumer goods, garments and textiles and jewellery.
Geographically, the UAE saw the steepest rise in job listings in the region followed by Saudi Arabia, where listings rose by eight per cent.
Qatar was the only country in the Middle East to show a negative annual growth in July as job listings fell by eight per cent.
“Online recruitment as per the Monster Employment Index is significantly above that in the corresponding period a year ago,” said Sanjay Modi, managing director, Monster.com in India, Middle- East, South East Asia and Hong Kong.
“However, the growth momentum this month is the lowest since September 2013. The growth impetus in the region this year has been primarily driven by growth in BFSI; retail/trade and logistics; hospitality; and also the healthcare sector.”
The Monster index is based on a review of employer job opportunities culled from a large representative selection of career websites and online job listings.