UAE sees 30% slump in job vacancies

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The UAE saw a 30 percent decline in the number of job vacancies posted online in the last twelve months, with listings for customer service positions showing a steepest drop of nearly 50 percent, according to new figures released on Tuesday.

The Monster Employment Index is a monthly gauge of online job posting activity in Middle East, based on thousands of employer job advertisements culled from recruitment websites and online job listings.

Across the region, there was a nine percent drop in total listings, with the UAE showing the steepest decline and a 30 percent slump in jobs on offer.

<Click here for the best and worst countries and sectors for finding a job>

“The decline in annual growth is reflective of the prevailing challenging economic conditions. Keeping this in mind, companies are adopting a cautious approach while hiring which is reflected in the index,” said Sanjay Modi, regional managing director of Monster.com, who carried out the research.

While the UAE say a slight increase in healthcare job listings in the last year, some job titles and sectors reported some steep declines. Listings for customer service positions were down 49 percent, there was 16 percent less oil and gas jobs offered and hospitality was down 19 percent.

While Egypt has been the focal point of regional turbulence in recent months, it reported a 27 percent rise in job listings over the last 12 months. The best performing sector across the region was education, with a 12 percent rise in vacancies.

<Click here for the best and worst countries and sectors for finding a job>

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