Top 3 sectors to look at right now for a job in UAE

If you are looking to get a job in the UAE, you should perhaps look at real estate and sectors associated with it.

According to the latest Monster Employment Index Gulf, UAE recorded a positive 8 per cent year-on-year growth this month after almost 14 months of slump.

The country registered a robust y-o-y growth of 19 per cent in engineering, construction and real estate sector, primarily due to the demand for property in the country.

Regionally, online job availability improved in five of the seven countries that Monster tracks.

Kuwait (up 36 per cent) saw the most notable growth in demand, year-on-year. Online recruitment activity, nevertheless, eased 6 per cent on the month.

Oman (up 4 per cent) also recorded a positive growth on the year following low levels the previous two months. On the other hand, KSA (down 6 per cent) and Bahrain (down 12 per cent) are the only cities to register negative annual growth. Bahrain saw the steepest decline among all monitored countries.

The Monster Employment Index is a monthly gauge of online job posting activity in Middle-East based on a real-time review of tens of thousands of employer job opportunities culled from career web sites and online job listings.

Regionally, the index continues to trend along a strong growth path compared to last year exhibiting a 19 per cent y-o-y growth.

The index exhibited improved year-on-year trends in eight of the 13 monitored industry sectors.

Banking, Financial services and Insurance (BFSI) led all industry sectors exhibiting a robust 28 per cent growth despite a four percentage points moderation in pace of growth between April and May 2014. Online recruitment activity in the sector, however, is lower than that observed six-months ago.

Healthcare (up 26 per cent) ranked second from the top in the long term growth chart; engineering, construction and real estate (down 2 per cent) saw the first negative annual growth since June 2013. Production/manufacturing, automotive and ancillary was down 15 per cent and oil and gas also slipped by 5 per cent.

On the hiring trends, online vacancies went up in nine of the eleven occupation groups monitored by the index.

Most vacancies were listed for marketing & communications/arts/creative (up 49 per cent) professionals. Hospitality and travel personnel saw the second highest growth in demand among all occupation groups between May 2013 and 2014.

Finance and account professionals also saw growth (up 22 per cent). This group of professionals recorded the most notable growth in demand month-on-month; up 15 per cent.

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