80% of job seekers expect UAE economy to improve in 2018

New survey also says there are 'plenty of jobs' currently available in the UAE
By Staff writer
Sat 31 Mar 2018 12:30 AM

Eighty percent of job seekers say they expect business conditions in the UAE to improve in a year’s time, according to a new survey.

The Bayt.com Jobseeker Confidence Survey also revealed that when it came to current business conditions, only 14 percent of job seekers thought they are below average.

Job seekers said they have largely positive perceptions of future economic conditions. According to the survey, three quarters of UAE job seekers who responded to this question said they expect their country’s economy to improve within the next six months.

Regarding availability of jobs, more UAE respondents believe that there are currently “plenty of jobs available across various industries” in comparison to those who believe there are “few jobs available across few industries”.

Six in 10 job seekers are either "somewhat hopeful" or "very hopeful" that they will find their ideal job in the next six months while 21 percent of respondents were neutral in response to this question.

The survey's findings, administered by Bayt.com and YouGov, global online market research company, echoed its Middle East Job Index, which showed that nearly 9 in 10 companies in the UAE will be hiring over the next 12 months.

At the personal level, the majority of UAE job seekers (87.6 percent) said they expect their personal financial position to improve or at least remain the same in the next six months.

Currently, only 33 percent percent of UAE respondents are dissatisfied with their career growth opportunities, the survey showed.

Data for the 2018 Job Seeker Confidence Survey was based on a sample of 4,801 respondents from the UAE, Saudi Arabia, Kuwait, Oman, Qatar, Bahrain, Lebanon, Jordan, Iraq, Palestine, Syria, Egypt, Morocco, Algeria, Tunisia, Libya, Sudan, and Pakistan.

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Last Updated: Sat 31 Mar 2018 12:31 AM GST

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