Jobs in Dubai's travel and construction sectors are "easing off", a senior recruitment executive confirmed on Thursday after a new report highlighted chinks in the emirate's economic growth.
Ian Giulianotti, executive director at Dubai-based recruitment firm Nadia Global Group, said replacement hires rather than new hires were being seen in construction while he added that local airlines have shed jobs amid tough operating conditions.
He told Arabian Business: “The jobs are still there but we are mainly seeing replacement hires rather than new hires as the construction sector has a high turnover. The construction industry has always been transient, but I would say we are seeing a levelling off as the real estate projects continue.”
Giulianotti added that airlines have not been replacing staff as profits remain slim amid challenging global conditions.
However, he said he is not concerned for the long-term health of Dubai’s recruitment sector.
His comments followed a Emirates NBD’s Dubai Economy Tracker that said jobs within Dubai’s travel and construction sectors have declined, despite an overall improvement in the emirate’s economy.
It said Dubai’s non-oil private sector economy improved at the fastest rate in over four years in April.
Giulianotti said: “Generally, the market is growing slowly. Dubai is still a magnet for the world. There are still lots of people coming to the emirate. It used to be a haven for western expats but now the market has opened up.
“There are over 130 nationalities in Dubai and employees are coming from every corner of the world – from Colombia as far away as the Gilbert Islands in the Pacific.
“It’s no longer the place to come for a year and make a fortune, but it is a place to live a nice lifestyle for a few years and maybe come away with some savings.”
Giulianotti said people come and go in Dubai but they are always being replaced.
He said Dubai had already seen a rush of construction jobs ahead of the World Expo in 2020. “These jobs have now already long been filled, but six months ahead of the event I expect to see a surge in event planner jobs and those who are running the logistics.”
Giulianotti said he predicts that logistics sector overall will provide more jobs in the coming years. “Dubai is a mature centre for logistics and there is a increasing need for people that manage the administration around re-exporting and so on.”
The seasonally adjusted Emirates NBD Dubai Economy Tracker Index – a composite indicator designed to give an accurate overview of operating conditions in the non-oil private sector economy – edged up from March’s 57.6 to 57.9 in April, the highest since February 2015.For all the latest construction news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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