UAE offers most jobs in GCC: Which sectors hiring most

Despite the relative slow hiring summer months, UAE saw the most jobs advertised online in July when compared with the other countries in the region.

According to the latest Monster Middle East employment index, UAE saw maximum growth in job numbers last month when compared to the same period the year before.

The country registered a growth of 35 per cent over the said period to lead all monitored countries year-on-year.

The growth momentum paced up by 18 percentage points between June and July 2015.

The UAE also recorded the steepest month-on-month growth.

At 16 per cent, the month-on increase is the highest since May 2014, making the months of June and July good for job opportunities.

Second on the list of job generating countries was Qatar with a 23 per cent growth, followed by Egypt with a 20 per cent jump in numbers.

The biggest economy in the GCC, Saudi registered a growth of 19 per cent.

The country has been registering steep growth since February 2015.

The year-on-year growth rate, even though robust, is at its lowest recorded this year with a moderation in pace of 13 percentage points between June and July 2014, shows the Monster data.

Saudi was followed by Bahrain at 11 per cent.

Oman and Kuwait only saw a single digit (8 per cent) growth in July 2015 over July 2014.

Job websites such as www.gulftalent.com also show that the UAE has far more vacancies registered in the GCC.

The data as of August 26 shows 2408 vacancies listed on the site, far more than the 715 jobs for Qatar.

Saudi comes third on the website with 532 jobs whereas Oman has 193, Kuwait has 145 and Bahrain has 107 listed vacancies.

Monster numbers shows that regionally, banking, financial services and insurance (BFSI) has been the best performing sector with a 57 per cent growth in online numbers.

The industry registered the steepest annual growth among industry sectors even in July.

The sector registered a 22 per cent growth in opportunities in the past six months.

However, the three-month growth rate has been moderating since May 2015 and is a negative one per cent this month.

Clearly, online hiring in the sector is increasing, but at a much slower pace more recently.

The IT and Telecom/ISP (up 42 per cent) sector continues to grow progressively.

The year-on-year growth rate this month is one percentage point higher than the previous month.
There has been a 31 per cent growth in opportunities between January and July 2015.

In the hospitality sector (up 30 per cent) the long-term growth momentum has improved vis-à-vis the past month. Advertising, PR, media and entertainment also saw a 29 per cent year-over-year growth.

Online hiring in retail/trade and logistics was also 23 per cent higher in July this month than the corresponding period the year before.
 

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