UAE Monster jobs grow 24%

Monster Employment Index Middle East rose 29 per cent on annual basis in January 2012 while UAE registered 24 per cent annually for the same period.

In the UAE, the IT and Telecom/ISP topped the annual growth chart amongst industry sectors. Purchase, Logistics, Supply Chain lead in annual growth among occupational groups.

The Monster Employment Index is a monthly gauge of online job demand in Middle-East based on a real-time review of tens of thousands of employer job opportunities culled from a large representative selection of career Web sites and online job listings. 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.

"The Monster Employment Index Middle East shows regional employers are extending a long-term escalation in online recruitment activity. Sectors like Banking, Financial Services and Insurance (BFSI), Education, Healthcare continue to drive growth in major economies like KSA, UAE and Kuwait with each of them recording double-digit annual growth in the Index," said Sanjay Modi, Managing Director, Monster.com (India/Middle East/South East Asia).

Industry Year-over-Year Trends: Online opportunities exceeded January 2011 level in 10 of 12 industry sectors monitored by the index.

BFSI (up 52 per cent) was the fastest moving sector by the way of longer-term growth as employers continued to hire the third consecutive month Education (up 45 percent) and Healthcare (up 27 percent) remained amidst the top growth sectors in January Advertising, Market Research, Public Relations, Media and Entertainment (up 33 percent) exhibited reasonably improved hiring trends over January'11.

Growth momentum in Oil and Gas (down 19 percent) headed further downward Occupation Year-over-Year Trends: 10 of the 11 occupation groups experienced improved online demand over the year HR and Admin. (up 55 percent) professionals witnessed fastest growth in demand between January 2011 and January 2012 Health Care (up 40 percent); and Finance and Account (up 31 percent) continued to remain among the top trending occupations Legal (down 15 percent) professional registered the most significant month-on-month as well as year-over-year decline Geographic Year-over-year Trends: Online opportunities exceeded January'11 level in five of the seven countries monitored by the Index.

Kuwait (up 39 per cent) followed by KSA (up 36%) led all countries in annual growth.

Oman (down 10 per cent) recorded the most notable drop in online recruitment activity between January 2011 and January 2012.

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