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28 March 2024

Looking for a UAE job? These sectors offered most vacancies

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By Shuchita Kapur

If you are looking for a job in the UAE, healthcare, banking, insurance and financial services are sectors that look most promising. These sectors are hiring the most and the number of jobs available here beat other industries such as oil and gas, advertising or entertainment.

According to the latest Monster Middle East Employment Index, online jobs posted in the UAE last month are at a high, nearly the levels seen one year back, but falls short by 1 per cent against what was recorded in April 2013.

Of all the jobs posted, the maximum number of vacancies came from sectors such as healthcare and BFSI (banking, financial services and insurance). These are the top-growth sectors by the way of long-term growth, as per the Monster findings. This was followed by engineering, construction and real estate – these sectors saw a marginal growth in terms of jobs posted as compared to a year ago.

Purchase/logistics/supply chain professionals registered the most notable growth in demand year-on-year, making it the top growth occupations. On the contrary, there’s not much good news for professionals in IT and telecom/ISP as these sectors registered the steepest decline.

“The UAE witnessed a 26 per cent year-on-year growth when it came to occupations in purchase/logistics/supply chain along with the strongest growing industries being healthcare and BFSI, both showing a 21 per cent year-on-year,” said Sanjay Modi, Managing Director, Monster.com (India/Middle East/South East Asia). This growth is on the back of long-term ambitions and the demand the sectors are experiencing.

In the biggest economy in the region, Saudi Arabia, the hospitality sector saw a 21 per cent year-on-year strong growth with sales and BD exhibiting a 23 per cent year-on-year occupational growth.

Overall, the region showed improvement in nine of the 13 monitored industry sectors.  The BFSI (up 32 per cent) sector continues to exhibit robust and progressively improving growth rates. The sector led all sectors year-on-year but still had fewer opportunities available for the month.

Retail/trade and logistics (up 27 per cent) ranked second in the long-term growth chart as the pace of annual growth moderated slightly between March and April 2014.

Hospitality (up 23 per cent) maintained its remarkable growth rate and recorded the second successive positive growth on the year; up 12 percentage points from 11 per cent in March 2014.

Hiring slowed on the month following robust growth the previous month.

Production/manufacturing, automotive and ancillary (down 12 per cent) recorded a double-digit annual decline yet again. Year-on-year, online hiring in the oil and gas (down 15 per cent) sector eased for the second month in succession.

Consumer goods/ FMCG, food & packaged food, home appliance, garments/textiles/leather, gems & jewellery (down 18 per cent) sector exhibited the most notable year-on-year as well as month-on-month decline.

(Home page image courtesy Shutterstock)