Still not landed a job in UAE? Try banking, oil and gas

If you are looking for a job in the UAE and have the right qualifications, the banking industry and oil and gas are sectors you should be looking at.

Traditional growth sectors, these two areas are hiring the most in the country. According to the latest Monster Employment Index, most online job vacancies have been advertised by these two industries alone last month when compared to August 2013.

The data from Monster shows that the UAE index increased a healthy 26 per cent year-on-year, with banking, financial services and insurance (BFSI) sector in the lead with a 46 per cent jump in the vacancies posted and oil & gas increasing by 27 per cent year-on-year.

The category of consumer goods/FMCG, food & packaged food, home appliance, garments/ textiles/leather, gems & jewellery also noted an impressive growth of 27 per cent over the same period.

Some sectors, on the other hand, showed negative growth with a lacklustre performance on the job front.

Advertising, market research, public relations, media and entertainment was the worst performing sector with a negative growth of 11 per cent. Surprisingly, this was followed by hospitality with a decline of 8 per cent.

However, this should change as the holiday season (Christmas and New Year) approaches and more businesses would look to hire to keep up with the demand that spikes during this time of the year.

Likewise, retail/trade and logistics also showed a negative 7 per cent but this too, like hospitality, is expected to pick up during the coming months.

The Monster Employment Index is a monthly gauge of online job posting activity in the Middle East. The Index does not reflect the trend of any one advertiser or source, but is an aggregate measure of the change in job listings across the industry.
 

Source: Monster Employment Index
 

Source: Monster Employment Index

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